PE54: Where was the hyperinflation in 2008? (IX)
Check out show sponsor Coinkite: https://coinkite.com/
Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/
This is the fifty-fourth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
00:00 Intro
02:00 Exploding reserves (and balance sheet)
03:20 What happens when supply outstrips demand...
04:35 "Tool 1:" Interest on required reserves
09:09 "Tool 2:" Interest on excess reserves
14:12 Zero interest rate policy years
15:00 Trying to "normalize"...
Here we look at the Federal Reserve's weekly balance sheet versus its base policy interest rate in the 1980s until and just after the Global Financial Crisis, which at this time morphed from being the Discount Rate, to the Fed Funds Rate.
Many were confused why such extraordinary money printing by the US central bank did not result in hyperinflation... the answer was a new policy tool of the Federal Reserve: Interest on bank reserves.
https://porkopolis.io
https://twitter.com/crypto_voices
Show content is not investment or financial advice in any way.
-
1:20:55
-
1:00
steveinman
1 day agoDog sweeps the leg of a tortoise
113K37 -
36:51
Michael Franzese
1 day agoMy time in prison with Menendez Brothers | Monsters Netflix Series Review
192K47 -
1:51:03
Game On!
1 day ago $23.03 earnedCollege Football Saturday! Week 6 Preview and Predictions!
146K21 -
1:09:56
I_Came_With_Fire_Podcast
1 day ago"The Truth About Presidential Power, Weak Checks & Balances, & Civic Responsibility"
98.7K24 -
17:28
Winston Marshall
3 days agoThe VP Debate REVEALED More Than You Know...
180K182 -
1:20:16
Bright Insight
1 day agoFriday Night LIVESTREAM
111K63 -
20:54
Stephen Gardner
1 day ago🔴JUST IN: Fox News Jesse Waters SHARES BAD NEWS from Trump’s Lawyer!
111K244 -
7:46:34
Vigilant News Network
1 day agoBad News Strikes Diddy in Stunning New Development | The Daily Dose
115K84 -
49:38
Brewzle
1 day agoI Survived 18 Whiskey Distilleries in the RAIN at a Festival
80.9K17