Q&A #176
I am trying to understand the different money market rates, is there any video explaining this? I do not get to fully get my head around the difference btw repo rate and federal funds rate. Will the La Libertad electoral victory in Argentina delay their economic problems? If i had to read just one book about finance, what should it be? The Friedman & Schwartz always sitting behind you? I hear a lot of talk about backing the dollar with Gold or Bitcoin but their inflation rate is relatively low? Isn’t government spending money like drunken sailors, the same as debasing the money, whereby they would need more money printed to cover their ever increasing debt! The global need for dollar reserves, and at the same time stimulate the economy… as dollars are produced, they are stored as reserves… limiting the amount of dollars available for transacting. We have been flying partly blind for a while with the shutdown, with reopening, and the restoration of information flow - what do you see happening, hyper reactive volatility? Referring back to Argentina; didn't they get a $40B injection from trump? And wouldn't that give the markets a heck of a lot of confidence in the stability of the currency, and hence the bonds, etc?
