Q&A #211
@Albertletoride-hz7oj: Hi Jeff : We are often told that only bank loans can create money. Do you assume that a dealer's repo lending also creates money? What if the lender is a shadow bank? @Albertletoride-hz7oj: Isn't moneyness, in fact, the extent to which an institution's zero-maturity liabilities are widely accepted and circulate? @tombrady7991: George Gammon covered some of Nick Nemeth's research into Insurance companies and Private credit today. Any thoughts on the threat there? Nick notes extreme leverage hidden within different layer @Akirsop: Jeff, The eurodollar system is having issues in Asia reminicent of the Asian financial crisis, is this locallized or is there the potential go systemic to europe or carry trade reversal? @pineapple2914: You're fearmongering for +3 years now, but nothing bad is happening. Corporate profits going up, unemployment stable. GDP is up. @igorpustsin: Legeeeeend love iiiit @JoeGo89: Hahahahhahahaha I love this Jeff @Carson369: With all the problems yen/carry , private credit, struggling consumer, it doesn’t seem like the economy is breaking, is it just that so much money has flooded in over the past decade ?@ADBSpartan: Why is there no perfect money? What qualities would be necessary to be a perfect money.@haroldgrey134: Perry Mehrling’s online course is also good to learn about the early Federal Reserve system and balance sheet mechanics@MrEd-R: On M2, I know that you said it no longer works because of new financing methods, like repo, etc. Yet individuals don't generally have access to those new financing methods so is M2 not useful?@haroldgrey134: Bitcoiners, goldbugs & BRICS-coiners all believe all US dollars originate from the Fed, Euros come from the ECB etc. They don’t get authorised depository institutions - banks can create money
