Robert Breedlove & Jeff Snider , The "What is Money?" Show

Uncovering the Truth of the 2008 GFC | The Snider Series | Episode 4 (WiM097)

22 Dec 2021 • 58 min • EN
58 min
No file found

Jeff Snider joins me for a multi-episode conversation exploring the evolution of money and central banking throughout the 20th and 21st centuries. Be sure to check out NYDIG, one of the most important companies in Bitcoin: GUEST Jeff's twitter: Jeff's writing: PODCAST Podcast Website: Apple Podcast: Spotify: RSS Feed: Transcript: OUTLINE 00:00:00 “What is Money?” Intro 00:00:08 The Misconception of the 2008 “Housing Bubble” 00:03:50 “Run on the Banks” and “Securities Lending” 00:11:57 Eurodollar System Emerged in Spite of Central Banks 00:13:19 Mortgage-Backed Lending and its Demise 00:17:41 Cascading Liquidity Crunch in Repo 00:19:55 The “Poster Children” of the 2008 GFC 00:23:38 Collateral Shortage and Backwards Elasticity of Money 00:29:55 NYDIG 00:31:03 Rehypothecation of Collateral Harder on Bitcoin Standard 00:33:19 LIBOR vs Federal Funds Rate 00:38:22 The 12 Basis Point LIBOR Increase Ruptured Markets Globally 00:43:15 Dampening Short-Term Volatility Exacerbates Long-Term Volatility 00:47:53 What is The Fed to do? 00:50:43 The Fed is a Bystander in the Grand Scheme of Things SOCIAL Breedlove Twitter: WiM? Twitter: LinkedIn: Instagram: TikTok: All My Current Work:​ WRITTEN WORK Medium: Substack: WAYS TO CONTRIBUTE Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7 Sats via Strike: Sats via Dollars via Paypal: Dollars via Venmo: The "What is Money?" Show Patreon Page: RECOMMENDED BUSINESSES Worldclass Bitcoin Financial Services: Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): Automatic Recurring Bitcoin Buying: Buy Bitcoin in a Tax-Advantaged Account: Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free):

From "The "What is Money?" Show"

Listen on your iPhone

Download our iOS app and listen to interviews anywhere. Enjoy all of the listener functions in one slick package. Why not give it a try?

App Store Logo
application screenshot

Popular categories