9-26-19 Implications of The REPO Fiasco

An in-depth explanation of what happened in the Overnight Repurchase Agreement (REPO) Funding Market on Monday (9/16/19), why it matters, and the repercussions to be expected; this could be the end of the Era (error) of Quantitative Easing, and the connective tissues of the mind set that would rather bailout troubled companies (and individuals) rather than allow failures (and corrections) to occur; and why today's political party pandering and proviso's of free-everything is so appealing, despite the incongruity of their logic.