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The Offshore Global Dollar System | ft. Jeff Snider

Money & Macro Talks

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The Fed Funds Target Is a One-to-One Relationship

In 2005, when the Fed was raising rates, Alan Greenspan called it a conundrum. He didn't believe that interest rates in the financial system would act independently. The situation is far, far more complicated than what you're taught or what you see on TV, he says.

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