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WARREN MOSLER | Modern Monetary Theory

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Issing Says IMF Better Suited Than EU to Greek Rescue

[Skip to the end] Except Greece probably doesn’t qualify under normal IMF standards, and the IMF would have to get short euro to make the

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February 8, 2010

Fed to lend to CBs in unlimited quantities unsecured (Update2)

[Skip to the end] Functionally, the Fed seems to have agreed to lend USD to the ECB in unlimited quantities unsecured and non-recourse. This defies

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October 13, 2008

Fed to lend in unlimited quantites to foreign CBs??? (Update1)

[Skip to the end] This is hard to believe. Those CBs don’t have unlimited USD. So, if true, they will be borrowing them from the

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October 13, 2008
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