• Saledovil@sh.itjust.works
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    3 months ago

    Thanks, but how did the pension funds hedge against interest rates in a way that they had to pay up when the interest rate went up?

    • cRazi_man@lemm.ee
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      3 months ago

      I have no idea man. My knowledge extends as far as that video. After watching “The Big Short”, I’ve learned that there are a lot of ways that finance bros play the economy in ways that we cannot comprehend.