Originally Posted by HFWR
Bolivian Beever Cheese futures...
Here let me help you sell more of these. Lets issue bonds on the producers of Bolivian Beaver Cheese (BBC). Which instead of paying interest in the form of $ will give you future contract on BBC.
Next we'll package all of the bonds of the various BBC companies, and securitized them.
Divide them into tranches and sell them to public pension funds desperate for more yield. In the meantime lets create a synthetic index so that banks can bet on BBC Future contracts using their FDIC insured deposits.
Who needs another housing bubble to help stimulate the economy, Bolivian Beaver Cheese,is the next Facebook.