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TIP495: The Changing Composition of Money w/ Alfonso Peccatiello
We Study Billionaires - The Investor’s Podcast Network
Credit Default Swap Contracts - Can You Hear the Risk of a Lira Re-Denomination?
Preston: Investors can hedge against Italian default risks in two ways using two sorts of credit default swap contracts. He says investors are willing to pay up for protection against Italy re-denominating their debt in lira. "I don't think this government will be extremely friendly to Europe if you ask me," he adds.
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