WARREN MOSLER | Modern Monetary Theory

Bank Regulation and LIBOR

Too big to fail should not mean restricted liquidity. Hopefully they don’t use the liability side of banking for market discipline. But as they don’t

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Re: Fed study on TAF

[Skip to the end] >     >    On Tue, Jul 29, 2008 at 4:05 AM, Andrea wrote: >     >    In case you haven’t seen this yet: A Fed

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Yellen the Dove on inflation

“Inflation is a problem,” she said. Yet the problem isn’t excessive demand, rising wages, or a tight labor market, but “negative supply shocks.” Once the

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FOMC preview

My guess is the GDP forecast the Fed is now getting from it’s staff is not a downgrade from previous forecasts, and may even be

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Fed comments

The Fed is aware rate cuts don’t do much for near term financial disruptions. For example, the FF/LIBOR spread was first addressed with FF cuts,

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