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"OK Boomer" on stablecoins, profits, tax cuts vs tariffs and presidential break-ups artwork
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"OK Boomer" on stablecoins, profits, tax cuts vs tariffs and presidential break-ups

Eye On The Market by Michael Cembalest

Jul 3, 202520:37Business

Throughout history, non-FDIC insured short-term dollar denominated debt redeemable at par on demand has been prone to runs, whether in money market funds, repos or uninsured deposits. Why would lightly regulated stableco...