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The Fed Created the Repo Market, then Ignored it [Ep. 273, Eurodollar University]

Eurodollar University

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Transforming the Eurodolla System

In the mid 19 fifties, securities dealers and all these other banks that were involved decided they didn't really want to be involved with the fed. repo has become the very means for scaling oura dollar business. If somebody's putting a us, treasure security is collateral, even if you and i have never done business before, suddenly we can do business without asking too many questions.

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