MI190: Central Banking 101 w/ Joseph Wang
The Intrinsic Value Podcast - The Investor’s Podcast Network
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The Great Financial Crisis Was a Solventity Issue
When i try to figure out what sort of involvement the fed has in the economy, i like to look at their balance sheet and how that' anged over time. March 20 twentieth was a liquidity issue. The great financial crisis was actually a solvency issue. Suddenly, you know, every one economy shut down, and everyone was worried about what happened. And so da, they wanted to have cash. What they did was first fall again, if your institutionbest er apyeare like a mutual fund. You hold your cash in the form of treasury securities. Then take that to me. Let's say your business needs are to met your invested redemptions. So there is
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