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Ep. 264 Is the Fed Bailing Out the Banks

Bob Murphy Show

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The Nature of the Bailout

Bumbaevk wrote a lot of words on interest rates, but that distinction, I don't know that he ever made it anywhere. And again, I think it was because it wasn't a thing to him back then. So why would he? Okay. So back now to the central question, so does that constitute a bailout? And if so, what's the nature of the bailout?

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