#16 - Explaining the Phantom Liquidity Drain

In this episode, Adam and Ryan discuss:Shout out to Nick Gomez of ANG Traders (@ANGTraders)Fears of market liquidity drain during TGA refill in late May/early JuneThe mechanics of the TGA refillThe Fed's reverse repo facilityMMT being blamed for inflationRandy Wray and Yeva Nersisyan's policy recommendations at the beginning of the pandemicMMT's opposition to UBIAre rate hikes keeping companies alive?Addressing the notion that MMT doesn't make predictionsOngoing effects of rate hikes on the e...