#27 Decoding M3: Repurchase agreements USA

<p>Check out show sponsor Coinkite: https://coinkite.com/</p> <p>Donations to Porkopolis Economics via BTCPay appreciated: https://donations.porkopolis.io/</p> <p><br></p> <p>This is the twenty-seventh installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.</p> <p><br></p> <p>Contents</p> <p>00:00 Intro</p> <p>00:48 Money supply "stack"</p> <p>02:47 Federal Reserve presser on M3 discontinuation</p> <p>05:05 Repo market summary</p> <p>05:28 Why repos: #1 Shadow banking</p> <p>08:57 Why repos: #2 Liquidity</p> <p>10:41 Why repos: #3 Leverage</p> <p>12:30 M3 non-M2 Total (Fed discontinued)</p> <p>12:39 Large time deposits &amp; Institutional money market funds</p> <p>13:40 Repos (Banks)</p> <p>16:30 Repos (Shadow banks)</p> <p>19:25 Former Fed economist explains repos and M3</p> <p>24:10 Repos (Fed)</p> <p>28:58 Fed knows it's a monopoly actor</p> <p>31:45 Adding up all M3 money supplies found so far</p> <p><br></p> <p>Here we look at the next level up for the United States money supply: the M3 money stock. Note that M2 is included in the M3 money supply; however, in this video we cover only the non-M2 monetary components. Specifically in this video, we are covering repurchase agreements. These next few videos will review how it is a challenge to reconstruct this data, since the Fed stopped publishing this money supply in February 2006.</p> <p><br></p> <p>https://porkopolis.io</p> <p>https://twitter.com/crypto_voices</p> <p><br></p> <p>Show content is not investment or financial advice in any way.</p>