2min chapter

Blue Collar Bitcoin cover image

BCB104: JOE CONSORTI: Recession, Real Estate, Banks & Left Nipples (Macro Update)

Blue Collar Bitcoin

CHAPTER

The Fed's Bailout Facility for Regional Banks

The Fed has a standing repo facility and repo just means repurchase transaction. It's like this implicit backstop for all depositors, for however much money they have. And to some degree, that's actually helping with these outflows because consumers are seeing, okay, the Fed has intervened.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode