FT: Letter to the editor
[Skip to the end] Published letter to the editor in FT. Expect public-sector deficits and oil prices to go on rising by Prof Philip Arestis,
[Skip to the end] Published letter to the editor in FT. Expect public-sector deficits and oil prices to go on rising by Prof Philip Arestis,
Looks functionally the same as direct lending to the banks vs their mortgage-backed securities. Don’t know why they are taking this indirect route. Maybe because