An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
I dont know about that Tom he sounds like a monetarist...Sounds like he thinks "banks lend out the reserves...."He states here: "shadow intermediation" ????What is that?I guess I would agree with him that the Fed may not taper though... rsp,
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I dont know about that Tom he sounds like a monetarist...
Sounds like he thinks "banks lend out the reserves...."
He states here: "shadow intermediation" ????
What is that?
I guess I would agree with him that the Fed may not taper though...
rsp,
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