135 min listen
Uncovering the Truth of the 2008 GFC | The Snider Series | Episode 4 (WiM097)
Uncovering the Truth of the 2008 GFC | The Snider Series | Episode 4 (WiM097)
ratings:
Length:
58 minutes
Released:
Dec 22, 2021
Format:
Podcast episode
Description
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: https://nydig.com/GUESTJeff's twitter: https://twitter.com/JeffSnider_AIPJeff's writing: https://alhambrapartners.com/author/jsnider/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 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 Banks00:13:19 Mortgage-Backed Lending and its Demise00:17:41 Cascading Liquidity Crunch in Repo00:19:55 The “Poster Children” of the 2008 GFC00:23:38 Collateral Shortage and Backwards Elasticity of Money00:29:55 NYDIG00:31:03 Rehypothecation of Collateral Harder on Bitcoin Standard00:33:19 LIBOR vs Federal Funds Rate00:38:22 The 12 Basis Point LIBOR Increase Ruptured Markets Globally00:43:15 Dampening Short-Term Volatility Exacerbates Long-Term Volatility00:47:53 What is The Fed to do?00:50:43 The Fed is a Bystander in the Grand Scheme of ThingsSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Automatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22
Released:
Dec 22, 2021
Format:
Podcast episode
Titles in the series (100)
The Saylor Series | Episode 1 | The Rise of Man through The Stone and Iron Ages: Michael Saylor joins me to discuss anthropology, energy, and technology from first principles as we build an intellectual foundation for grasping the significance of Bitcoin in the grand arc of history. by The "What is Money?" Show