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Weekly Recap #175
Update of the key market and macro developments over the past week or so.
Conundrum #5: Who's the Real Star?
In the previous episodes, we looked at what interest rates are not, and that’s what is written in every Economics textbook. But does the textbook really say? How are interest rates supposed to work? To find that answer, and uncover some more hidden truth, we must turn to the unobservable start of interest rate policy.
Weekly Recap #174
Update of the key market and macro developments over the past week or so.
Weekly Recap #173
Update of the key market and macro developments over the past week or so.
Weekly Recap #172
Update of the key market and macro developments over the past week or so.
Weekly Recap #171
Update of the key market and macro developments over the past week or so.
Weekly Recap #170
Update of the key market and macro developments over the past week or so.
Weekly Recap #169
Update of the key market and macro developments over the past week or so.
The Federal Reserve Part 2: Asleep at the Scissors
IThe Federal Reserve was created to make America’s currency more elastic, supplying cash and reserves when the economy needed them most. But as checks, wire transfers, and bank deposits replaced physical money, the nation’s financial system became larger, faster, and radically different. By 1929, the Fed was operating a monetary machine it had never fully learned to understand.
Weekly Recap #168
Update of the key market and macro developments over the past week or so.
Weekly Recap #167
Update of the key market and macro developments over the past week or so.