Is The Fed Reserve Running Out Of Time?

I'd like to refer you to this piece Todd>
~S~

I asked you back in post #42, what's wrong with derivatives?
Could you even explain one to me?

Can you?
 
I'd like to refer you to this piece Todd>
~S~


Thanks for the link.

Did Derivatives Cause the Financial Crisis?

The 2007-2008 financial crisis was brought about by many forces, with derivatives, specifically mortgage-backed securities (MBS), playing a major role.

An MBS isn't a derivative.
 
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