Christopher Leonard’s “The Lords of Easy Money”- reviews

Chris Lehmann/ January 19, 2022 source: https://newrepublic.com/authors/chris-lehmann How the Fed Supercharged Inequality - Journalist Christopher Leonard’s new book, “The Lords of Easy Money,” follows the unintended consequences of quantitative easing. Like any good economic euphemism, “quantitative easing” evokes the soothing prospect of crisis averted and equilibrium restored. The term—coined by former Federal Reserve Chairman Benjamin … Continue reading Christopher Leonard’s “The Lords of Easy Money”- reviews

Monetary fiscal US UK Can Fed BoE BoC Brazil

maroonmacro 25-6-2022 Issue #53: The Origins and Evolution of the Modern Monetary System - Part 9: "Securitization" – Repo as a Driver of Securitization "Recall that there are a few fundamental innovations that have radically transformed our monetary and banking system in the post-WWII era: "Liability Management (a.k.a. “wholesale finance”) – the expansion of banking … Continue reading Monetary fiscal US UK Can Fed BoE BoC Brazil