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Global Money Scarcity Observed in Recent 1 Month Treasury Auction [Ep. 276, Eurodollar University]

Eurodollar University

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Is There Too Much Debt?

The modern economic system forces us to have too much debt. It also makes money formets equivalent, or fungible, or similar a money. The chain of events which led us to this credit crunch situation began with a short fall an collateral. Wholesale funding using collateral as collateral became an issue that cut off funding,. That then cut off credit. There is no bright dividing line between one and the other. In many ways, credit is money, and its used in a lot of censes.

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