“If people knew what the spread was, violence would break out in the streets"
Of Robert Dejan
A Great Nando Ioppolo “What is it spread... I think that if people knew, war would break out in the streets from today to tomorrow “ SPREAD, THE DEATH TRAP In a recent interview Professor Nando Ioppolo (lawyer and economist, recently passed away), claims that SPREAD is something if people knew what it was, violence would most likely break out in the streets because a shameful media campaign based on lies was launched on SPREAD.
Ioppolo explains that the game starts from the ECB ( European Central Bank) which lends to private banks 0,75% all the euros they ask for for whatever reason they ask for them. Then the bank (UNICREDIT in the Professor's example), with this 0,75 he buys us the BTPs which technically should be allo 0,76. Why then al 5 %? Because this way the Bank can speculate on it. Read More