Jeff Snider is Head of Global Research at Alhambra Investments. He talks with Bob about the recent spike in lending rates in the repo markets, and how the Fed’s attempted solution fails to address the real problem. He then relates the repo problem to the global monetary system, which has suffered from major imbalances going back to 2007 that have yet to be corrected.
Mentioned in the Episode and Other Links of Interest:
- Snider’s post explaining what happened the week of the repo market flare-up.
- Jeff Snider’s bio at Alhambra.
- Patrick Byrne on “naked shorts.”
- How you can contribute to the Bob Murphy Show.
The audio production for this episode was provided by Podsworth Media.