Make recessions great again (E1444)
Max and Stacy continue their discussion of the repo chaos and ask if there is a squeeze on the dollar, as Rick Ackerman suggests. If house flippers still easily get credit, what exactly is going on with the big banks that they’ve suddenly created a liquidity crisis? Max talks to Mark Yusko of Morgan Creek Capital about the repo market situation and QE4Ever, the Killer Ds, and how we can make recessions great again by allowing the business cycle to happen. They also discuss stock buybacks as stealth QE.
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