The repo market | Marketplace Whiteboard

Paddy Hirsch explains why the repurchase (or repo) market is vital part of the financial system. #MarketplaceAPM #Whiteboard #RepoMarket
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[@doctorbongjoose420]

I love how this 10 year old video is resurfacing in 2019

[@thevinceberry]

And we wonder why...…...

[@nikhileshparakh]

Yup we know it greatest depression

[@KletoReese]

This is 10 years old?? 😯

[@enoshimametals]

It's coming back to bite

[@m3528i]

From 1.78% to 10% !! And for a week straight?! We might be in trouble. Ill be back, im going out to buy more Au...

[@Will-vj5bc]

The KZbin algorithm knows what's up. Buckle up folks.

[@dgerdi]

Exactly my thought

[@milrtd91]

I think everyone is looking for answers on the repo market Spike and MSM is being unusually quite about a topic for a change. Orwell would know what's up, and it seems like enough people do too to cause the algorithm to recommend it

[@brandonlemon2060]

I pulled all my money out of the market like 5 months ago. Wish I would have stayed in longer but I'm confident I'll be glad to be out when I did.

[@jpetro99]

This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out: www.jmwinnovation.com/federal-reserve-repo-problem.html also check out my Ole Jerome Powell swag out with the link below teespring.com/stores/jolly-ole-jerome regards

[@mattportnoyTLV]

2 months later...you feel silly.

[@Kuzyapso]

10 years ago we had the 2008 crash. Now KZbin is recommending this video. The algorithms know something we don't

[@milrtd91]

You know what it is, but don't want to admit it. None of us do.

[@karlopeternel7685]

We are putting in the search engine then it pops up

[@ChristopherReevesNZ]

KZbin knows you view a lot of economic fear porn haha

[@Kuzyapso]

@@ChristopherReevesNZ I love it

[@jpetro99]

This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out: www.jmwinnovation.com/federal-reserve-repo-problem.html also check out my Ole Jerome Powell swag out with the link below teespring.com/stores/jolly-ole-jerome regards

[@wontunow]

Let's take a borrower. Let's call him Duetsch Bank.

[@germaxicus6670]

Lmao!!!

[@bradjohnson6036]

Ahhh such a good laugh even when were f.u.c.t

[@stevemacbr]

...with how many TRILLIONS in - derivatives ???? LOL

[@yhird]

ROFL!

[@elliot7452]

Feel the heat from that burn.

[@williamrodriguez1736]

Who is here in 2019 !!

[@dennis9707]

OCTOBER 30TH,2019 YUP

[@mikemathews1174]

Nov 2, 2019

[@heyjude6335]

History repeats! Nov 2019

[@thickslice8501]

Nov 11 2019

[@jpetro99]

This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out: www.jmwinnovation.com/federal-reserve-repo-problem.html also check out my Ole Jerome Powell swag out with the link below teespring.com/stores/jolly-ole-jerome regards

[@GoArian]

This guy is gonna get lot's more views...

[@bisiriyutajudeen5728]

I just subscribed.

[@marketplaceAPM]

@@bisiriyutajudeen5728 YES, man!

[@andytuesday500]

This is repo is a serious problem

[@priyamd4759]

..... at every freaking 10 year intervals .... LoL

[@Expert1911]

@@marketplaceAPM 6:00 Did we get clearing banks or is that just one more piece of regulation the powers that be didn't like?

[@guruabyss]

Sam gets money, goes to work, doesn’t get enough tips, lost asset to Amy and now needs a bailout. Yep.... I see what’s on the horizon.

[@tomspoors768]

Anyone who'd put up his AC/DC collection deserves to go bankrupt!

[@flash12319]

yup get ready to be the lender of last resort. loyal taxpayers

[@TomasOBrien]

If Sam defaults on the repo debt, can’t amy punt off the collateral and sell the debt obligation?

[@kirstinstrand6292]

FINALLY...something we can wrap our brains around... Thanks!

[@m0nkey13]

2019 - Repo loans, negative interest rates... get ready people, we'e going for a ride.

[@HAMID___]

Steve Zagata cha cha chu chu 🚂

[@Dong_Harvey]

@@HAMID___ little engines don't have to chug so much downhill

[@derektomlinson6514]

Its coming and it is not going to be nice. It is a lot more complex than what this chap explained, and the powers that be / government and financial institutions are not going to give anyone the heads up until they have their parachutes strapped on and all their financial arrangements in order. It will be the 99% who takes the hit.

[@jpetro99]

This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out: www.jmwinnovation.com/federal-reserve-repo-problem.html also check out my Ole Jerome Powell swag out with the link below teespring.com/stores/jolly-ole-jerome regards

[@mattportnoyTLV]

No, we aren’t.

[@deepwaterjohnrask6980]

If I had Teachers like this Man in College I may have graduated! He is so clear and to the point. I now have a handle on the Repo Market. Thanks from ten years latter.

[@captiantim1]

What he saying is nobody is lending, because their assets are shit and they dont trust anyone and want a higher over night rate . There for freezing the markets, then fed has to step in and lend money at cheap overnight rates , trouble is brewing big time

[@gregbakken526]

Thank you. Very well said

[@mynameisnotimportant2854]

This is by far the best explanation of the repo market I’ve ever seen on KZbin. Ty very much kind sir

[@silversurfer702]

Just happened, 9/17/19. Welcome to the upcoming crash. Everyday this week so far. The banks and institutions are broke and need these overnight loans. Billions, no problem. Just wait till they need trillions, these derivative markets should worry everyone.

[@The_Victorius_One]

Was wondering if others are researching this now or looking it back up!

[@BeardAxeMcAxeBeard]

Wouldn't bet on it yet

[@agchillinbears334]

could be the last straw that breaks the camels back, who knows

[@BeardAxeMcAxeBeard]

@@agchillinbears334 we need QE. If it goes on longer than this week, then I would worry

[@Romerosays]

Yep! here we go again

[@kennethsandersii3154]

After watching 3 of these whiteboard videos I gather that everyone is going to need a drink 🍷🍻

[@Angel-O369]

The coming economic crisis brought me here!!

[@ceciliaageofaquarius1225]

Same. I remember 2008. But it seems a lot of Americans have memory of a goldfish.

[@Wanderer25]

lol

[@jahpenquiin141]

Hey if anybody interested in preparing for the upcoming crisis and wanna stock up on some gold.....have yall heard about karatbars?

[@stephenpowstinger733]

Trying to evaluate whether this is a real issue this time or the usual “sky is falling” doomsday prophesies (usually to sell gold or something). 🤔

[@jpetro99]

This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out: www.jmwinnovation.com/federal-reserve-repo-problem.html also check out my Ole Jerome Powell swag out with the link below teespring.com/stores/jolly-ole-jerome regards

[@mrbannanas198]

9 years old and yet so relevant, I thought I was uploaded last week. Love it!

[@germaxicus6670]

All of the sudden, this video gets a real boost in view count! Batten down the hatches!

[@ioannislazaridis4887]

A remarkable teacher with a thousands of years tested method : the Blackboard, whiteboard in his case and narration, Optoacustic. Many Thanks .

[@JoseRodriguez-ti2ii]

Repo Market (for big banks) is like a Pawn Store (regular people).

[@michaelyu542]

Good example

[@jpetro99]

This is QE to infinity, If they stop monetizing unserviceable debt and mortgage backed securities the economy is done, hence how TOMO is now POMO (Temporary Open Market Operations and the P stands fro permanent.) Since Sept. 17 the FED has digitized 2.5 trillion dollars and injected it into the repo market. If you want to read a newer article on the REPO market check this article out: www.jmwinnovation.com/federal-reserve-repo-problem.html also check out my Ole Jerome Powell swag out with the link below teespring.com/stores/jolly-ole-jerome regards

[@evrettj.9250]

I like how J.P. Morgan is the clearing bank in this example and he brings up the obvious problems. Fast forward to last week and we now know who triggered the 2019 repo issues....

[@bb5242]

I knew when my Director left our company and got a job at JP Morgan that something might be afoot. She is an Indian national, and although a very nice lady, she is also a corporate type person with the ethics to match. As in, no ethics whatsoever, will say yes and do whatever is asked without questions. So if people were jumping ship at the Morgue, I can see them hiring her in a flash to refill the ranks with wiling participants.

[@IamYo34]

Very good explanation. I didn't have to replay the video, got everything the first time he said it because he explained it with very simple words. Perfect! Thank you!

[@alanwarner7057]

Impossible this is a new video. The fed is doing the same thing. The banks are doing the same thing. The banks get the bailout and keep the assets. That's double dipping. The consumer is without the home, (asset) and picks up the bailout (taxes) check.

[@nicolasbouyiouclis4726]

EXACTLY!!!!!!!!!!

[@FreeAgent99]

Wow, wow..I remember I watched this video 10 years ago!!! It just popped up in my feed..here we go again, buckle up!

[@maxb5640]

I wonder if now, in 2019, universe wants to tell me something by putting this vid in my queue

[@mccarthykane3960]

The Algorithm not the Universe. If you've been following this online or even having phone or in person discussions about related topics, your collected data triggers the KZbin feed to find related information.

[@silverdrillpickle7596]

McCarthy Kane The Universe IS the algorithm.

[@snapbeast1919]

KZbin algorithms are working perfectly to suggest this 10 year old video just in time this week. This person's videos explaining about bonds, yields, notes are so much valuable right now. Crazy how market cycle works. These videos were posted during last recession. You explanation is so valuable and timeless.

[@LAWSON08]

Hello Darkness, my old friend.

[@onebridge7231]

Repo is the Pawn Shops of big business!

[@ChucksterJax]

Thank you for explaining clearly in simple but concrete terms what the repo market is and how it works. Especially tying in Lehman Brothers and Bear Sterns.

[@ronaldainsbury3311]

Sounds to me just like how a pawn shop works!

[@ghassanm6640]

But the central bank doesn't print debt to bail you out if you buy stupid shit that won't sell in a million light years.

[@Lala0RK]

What a great easy to understand explanation, love the whiteboard examples, just subbed to your channel. This automatically started after watching one of Greg Mannarino's video (I watch his videos daily!). Thank you for producing this video. 10 year old video, information here is so relevant right now.

[@WillJohnson123]

I read this in my text book and it made no sense. But watching this has made it perfectly clear in my head and allowed me to understand the text book explanation. Brilliant work, keep it up! You are fantastic xD!

[@mirceastaicu4131]

Exceptional explanation, clear and concise, leaving the audience with a solid base to extrapolate

[@eamonnca1]

“He gets out his Rolodex” How did a pre-internet movie get onto KZbin with such good quality?

[@ibji]

In summation, 10 yrs ago he says the shit's gonna hit the fan. We call that the Peter Schiff rule.

[@ibji]

@@tc8714 I was scared then, and I'm scared now. I make fun of Peter Schiff in that since the Mark Haynes low (he called the bottom in March 2009) stocks went up for 10 yrs straight. Pete has been on the wrong side of that trade for 10 yrs.

[@bistokid7555]

@@tc8714 xrp, will sort it out and that's the big plan ODL , the new liquidity for the globe....

[@OspreyFlyer]

@@ibji 👍

[@benjamino76]

Paddy Hirsch is a legend. Super clear and helpful for those of us who have to interact with the banks but can't always understand what they're saying!

[@dieyoung8259]

That was a really great job. Just got of work, its 2 am: here in Chicago. Thought I'd do some browsing real quick. Now I'm going to bed a smarter man. LOL Thanks

[@HarukiYamamoto]

Wow! I understood the concept without even trying. Thank you.

[@trowt]

I keep hearing about the repo market in the news in 2020 and couldn't grok it from context. Thanks to the Algorithm for putting this video on my feed, and thanks for such a clear and concise explanation. Also, I really appreciate your sedate presentation style.

[@innovationglobal]

One of the best explication of repo market ever :) thanks for the help.. Please continue to do the same please...

[@nickodemo1]

very accurate description of how a pawn shop works...thank you

[@financeabcs]

Fantastic explanation of complex concepts using plain and simple language!! Liked and subscribed!! 😎

[@waynecmontgomery]

Very good explanation. Well done. I loved it. I will use this video to teach high school students

[@desire8260]

Money sharp episodes was very, very informative. Thank you!

[@rohantawde6857]

You are good.. You explain things very nicely.. love all your videos.. Thank you!

[@abhinavitsmebellamy]

Thank you so much, for explaining it so well.

[@almostbutnotentirelyunreas166]

Repo market is a pawn-shop! Who knew? It sounds so much MORE CLASSY...like you need an Edukashion or something... Repo = Pawn-shop 101! Thanks Paddy!

[@jackma9232]

So simple! So Effective! Thanks a lot!

[@rigoletto68]

Excellent! Thank you.....please keep these instructional videos coming.

[@AubreyRunning]

Paddy, excellent work. Very Clear

[@drew9312]

Finally, a succinct, well-explained version.

[@AquariusEddie]

Spectacular Presentation. Thank you.

[@jeftermzy]

Paddy your examples are exemplary, my Msc Financial Mathematics lecturer needs to learn from you....

[@heckleypietersen1977]

I like it in the way it is explained , very clear and simple , now I fully understands how does the Repo Market works,

[@hammer-fn7gm]

One of the biggest problems with our banking system is the disaster called accounting. Some of the methods used are fraudulent, but no one seems to care. Putting possible future profits on a balance sheet and using them for collateral on investments is criminal.

[@spaceoddity2485]

That was a really good presentation. Up to the point that he just stopped giving out information. And said something about “needing a drink”. I got the feeling like the last 25% of that presentation was self censored ! There’s some trouble in these markets. And the people who know what’s up or not talent. But this presentation gave a few more dots to connect...

[@kevinbrown7219]

Brilliantly explained, thankyou.

[@jonswanson7766]

If this gentleman explained the clearance prossess, I would agree that he explained well. My problem with him is he said banks take deposits and lend them out. By law banks don't take deposits nor do they lend money. Banks are in the business of buying securities. That loan contract you sign is a security a debt instrument that the bank purchases from you and they put it on the ledger as an asset. The money owed to you is put on the ledger as an accounts payable liability. The bank calls it a customer deposit. It is money creation out of thin air. This money creation is good for us if directed towards GDP growth through increased productivity. Business investment in new technology and upgrades. This money directed towards asset purchases is disastrous asset bubbles and if towards consumption, inflation.

[@Tweetogreggieb59]

2 thumbs up good and reliable content From this host consistently videos recommended.

[@almorkans3171]

Brilliantly explained

[@nytrader8605]

Thanks...I am in the industry, operations, as much as i was pricing these, I had no idea what they were, thanks for the explanation.

[@colt45peacemaker]

The collateral of the banks are the mortgages on our properties. The banks can recall (forclose) the mortgages anytime reguardless if you have been paying on time and in good standing.

[@Aminorsnickle]

I own 2 cash businesses fully paid off, have living areas, that are recession proof, I'm pooling money and getting ready for a shop spree.

[@colt45peacemaker]

@@Aminorsnickle your pooled cash will loose buying power. As the value of currency goes down, the cost of anything will go up as the money approches worthless.

[@Aminorsnickle]

@@colt45peacemaker buying liquid business assets and inventory, or paying off land purchases.

[@sinvest4178]

Don't mind me, just an ape watching and waiting.

[@jamescarney6894]

Great explanation... Thank you Patrick!

[@superluminal89]

What I learned about the Repo Market: Sam & Amy both have the same hairstyles.

[@My-Overseas-Lifestyle]

I have a doubt that Corona Virus 🦠 is covering up global banking crisis.That’why it brings me here to start to learn Shadow banking system and Repo Markets,etc. Moreover ,this channel explains to me easily and clearly.Thank you!

[@buffhotchkiss7400]

Exvellent explanation for the layman.

[@flyingdutchman4you]

Thank you so much for this! Excellent.

[@BlackSwansFine-jx8qu]

Watching gold market videos and algorithms grabbed me to show me this!

[@TheLadyOfG]

hey thanks a lot. our economics teacher quite failed at explaining this in a way we could understand it.

[@islandaerial3414]

Sept 2019: SGT Report just did a show with Zang on this subject. Very ominous...

[@nivalelanadia6596]

Great video mr Hirsch!

[@TheRetiredVeteran]

This video had only a few views over ten years ago. Now with the "REPO" in the news it is picking up thousands of views in a short time.

[@bistokid7555]

And so it should

[@TheRetiredVeteran]

@@bistokid7555 Exactly! I just thought I should point that out.

[@staceyhowse208]

Excellent explanation.

[@richardadgo]

Very good explanation always clear great videos Kiwi

[@MikeMarchlik]

Thank you so much for that video. Wish I had seen it in 2009.

[@whotube88]

good explanation, sir! subbed.

[@jamesguyton3110]

Thanks for the valuable information.

[@BabyBacon]

Very nice! Good work there Paddy!

[@ganesh_speaks]

you are getting better and better ........!!!! g.panke(mumbai)

[@robin7275]

Wow! well explained easy to understand. txs.

[@Quancept]

Great explanation!

[@brianrhill69]

excellent explanations!

[@rigoletto68]

Thank you for the explanation. Can you put together a brief lecture and teach us about things like "unwinding" v "liquidation" of assets? Thank you.

[@ZufashPlaytime]

Brilliant , Must say

[@robichard]

Outstanding video. ✔️

[@GLeszega]

Great video thank you

[@F.Krueger-cs4vk]

Excellent explanations, thankyou very much for sharing. 👌🏻👍🏻👏🏻👏🏻👏🏻 👋 🇦🇺

[@anthonymurrell4667]

Thank you very much!

[@jacklarocca6553]

Great description

[@CuttySlayer]

Good explanation

[@fxmosaad]

thanks for the vid, watchin it in 2019

[@janicher5]

Brilliant work! Thanks!

[@marketplaceAPM]

Anytime.

[@Bluebreezi]

Such a great video!

[@guruzenn]

Well lookey here, we're back here in 2021!!!

[@Jonpoo1]

Nice video. Thanks.

[@meh-hair-Vaughn]

you sir... are a legend...

[@deandreanderson5572]

The people who are watching this video have smelt the coffee and are ready for a financial collapse.

[@romanmar]

Excellent!!!!

[@teamskovhugger8135]

Wow thanks for explaning this 🙂👍

[@JC907AK]

Very relevant today given the repo madness going on at the fed.....