Huge echo chamber nonsense
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“I have to preface this review by saying I’m a bit of libertarian myself. Not the extreme kind this host seems to be. There is more ranting than basic grasp.
He argues that fed is not a central bank because a) it is not creating money and doesn’t know how to do it and b) not the lender of last resort with ‘ good collateral’ as it’s supposed to be. Just a bunch of smoke and mirrors (aka the dogmatic libertarian)
Let’s take (b): lender of last resort first with good collateral. News : QE is ‘lending’ money by taking AAA rated bonds. Yes, technically it’s purchasing bonds (giving money) rather than lending. Anything more than distinction without a difference ?
None of this has any relevance to the subject of the episode that ‘fed cannot save us’ ( from inflation). Well, very tenuous relevance, at best.”
The Sckeptic via Apple Podcasts ·
United States of America ·
01/17/23
More reviews of Eurodollar University
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“Emil and Jeff are on this mission to underscore the opaque constituents of the global economic system, how it works, rather how it doesn’t work, the various biases which colour every participant in this system, and the primary data sources that one can use to alleviate those biases and manage to...”Read full review »
BCINCHN via Apple Podcasts ·
India ·
08/20/20
“Jeff and Emil do a fantastic job in breaking down the incredible complexities of the global monetary system. It’s not always easy to understand, but it helps as a shining light in times of great uncertainty. Backed by historic documents, quotes and data, and oftentimes super entertaining.
“The...”Read full review »
Australbi via Apple Podcasts ·
United States of America ·
10/01/22
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