The dangers of money market funds
Update: 2023-05-25
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Description
Money market funds are a key aspect of the financial system and hold about $5.75 trillion of assets. Today, we explain what makes up a money market fund, why they've been looking shaky lately, and why a potential debt default is making things worse.
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For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
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