WARREN MOSLER | Modern Monetary Theory

Another shoe doesn’t fall

Profitable business plans are finding support from savvy investors profiting from ‘the great repricing of risk’. I call it the ‘too profitable to fail’ club,

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Discount rate

Seems the fed now has some current evidence of how the discount rate can ‘cap’ year end funding costs for member banks if they remove

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Fed’s best move

From the Fed’s theoretical framework, their best move is: ♦ Cut the discount rate to 4.5 ♦  Leave fed funds at 4.5 ♦ Remove the

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