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Uncovering the Truth of the 2008 GFC | The Snider Series | Episode 4 (WiM097)
The "What is Money?" Show
Iht Ri, Right. Not. Sad.
In the two thousand eight crisis, and really prominent and easy intuitive examples that spread between libor and federal funds. The price of libore, which is off shore us. Dollar, unsecured us. Dollars, went through the roof,. beginning on august ninth, two thousand seven. So you' have this very different characteristic of what is essentially supposed to be a us. Dollar money market, which was instead breaking down and fragmenting by different characteristics including, you know, information. Iht ri, right. Not. Well, sad.
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