Show notes
Check out show sponsor Coinkite: https://coinkite.com/Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/This is the fifty-third video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.ContentsHere we look at the Federal Reserve's weekly balance sheet versus its base policy interest rate in the 1980s until the Global Financial Crisis, which at this time morphed from being the Discount Rate, to the Fed Funds Rate.If we look closely at the troubles of the GFC, we can actually see that the banks expect the Federal Reserve to cater to them, bail them out, and provide lower rates, as they are borrowing and lending around 100 bps below what the Fed was targeting for many weeks from September through December 2008. The Federal Reserve, eventually, indeed complied with this demand.https://porkopolis.iohttps://twitter.com/crypto_voicesShow content is not investment or financial advice in any way.



