Invoking economists like Zoltan Pozsar who focus on bank reserves without emphasizing collateral systems represents an incomplete analysis that misses the critical dynamics driving eurodollar system stability.
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Speaker
Jeff SniderEvidence Quote
“he's never said the word collateral in his life...you cannot...analyze the monetary system in any realistic way without at least starting with collateral”
Created: 8/12/2026, 10:39:49 PM
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