Q&A #196
Clearing up the Mike Green video. Where does EDU 2.0 stand? @Albertletoride-hz7oj (YouTube): Do you think the plumbing is so much stronger than in 2008 that it could fend off any crash through balance sheet engineering and massive dealer and central bank liquidity? @SebastianPereira (YouTube): as oil climbs, developing nations cut use of it? will the cumulative effect e enough to worsen the global economy? can they restart their economies fast after the oil shock? @ggonz9017 (YouTube): peak CPI. Oil and GC being the topics then as they are now. Now adding stress on Treasury with oil higher, where do you see us in 3, 6, 9mos? (Equities, Commodities, DXY etc.) @ianrayner7522 (YouTube): Do you feel private credit is as much of a risk to the financial system as the MBS market was in 2008? I’m thinking of the differences in the types of investors and the knock on effect on consumers. @ryanm9371 (YouTube): Off topic but- If banks don’t use reserves for loans and just create money, why do we need them? Why can’t we just use our own future labor as collateral? Banks are just an unneeded middleman