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Collateral Scarcity Explains Japanese Yen's Fall [Ep. 285, Eurodollar University]

Eurodollar University

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The First Report on F R Two Thousand Four C

In 19 90, at the very height of this solomon brother scandal that involved collateral, the government had been modestly collecting data from primary dealers on repo collateral ever since the 19 sixties. The federal reserve says, ok, they're cheat everybody's cheating on collateral. They're cheating to get collateral. We need the primary dealers to report more information for us on collateral. But then, as we mentioned on the previous podcast, when awasat mister williamson back in the fifties, had wrote, no, you guys, this ripo re purchase stuff is a huge part of your balance sheet,. yet you never ever talk about it’s like this conspiracy

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