Morgan Housel
The Dr. Drew Podcast
00:00
E Fif, There's Something That Happened at Two Thousand Eight That I'll Never Remember
The way people held cash prior to two thousand eight was in the money market. And the frican money markets froze. No one ever imagined that could happen. I'm surprised people don't talk more obou that to this day. The same thing is going on today with a lot of crypto exchanges that have been shut down, frozen in the last couple of weeksan. All are relearning those lessons onearth. Think things, things you think are liquid.
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