Q&A #46
What happened to repo fails over a decade ago? What’s happening now? Why does anyone want to get involved in swaps? Or wholesale markets? What are Euro$ #1, #2, #3, #4, and #5? Does Jeff agree with Lyn Alden’s ‘broad money’ definition and explanation? What stablecoin project is Jeff working with? Why? Did extreme inversions of the 70s break the rules of economics? How do we reconcile those with today’s equally extreme inversion levels?
