Uncovering the Mystery Behind Liquidity & Stock Market Returns
Futures Radio Show
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The Function Evil of Financial Systems
Banks don't need deposits or reserves to lend right and they need them for prudential requirements. M2 has the creation from the Fed, but only the banks really has an economic impact as I described earlier. Dally: This has probably been the best eight minutes on the function evil of financial systems that you will ever hear.
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