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"Don't Fight The Fed" | The Snider Series | Episode 3 (WiM093)
The "What is Money?" Show
A Case Study of Leverage in the Inter Bank System
L t c m's collapse was just basely taking out japanese banks to which, of course, as we know from history, when you have that kind of a bank brond. So this is just leverage being realized in the system ultimately, right? The degree of lagrage, hidden money, hidden leverage, because we don't know. Nobody bo again, as we said before, the regulators and authorities only too happy to be relieved of this global money problem.
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