The Julia La Roche Show cover image

#075 Mike Maloney Sees An Economic Storm ‘Far Larger Than 2008’ Coming 

The Julia La Roche Show

00:00

The Dangers of Repurchase Agreements

The Fed just created another credit facility. They keep on creating these different, we had the TARP program and we had this and that. Take a look at reverse repurchase agreements. A bank needs collateral for some reason but doesn't need cash which is a liability. And most of that is done through the Federal Reserve. There's over two trillion dollars of repoyer agreements. But base currency should have gone down by two trillion dollars and it didn't.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app