Carolyn Sissoko
csissoko
Have revised my paper on collateral supply and central banking to incorporate March 2020.March events raise significant questions abt viability of 'dealer of last resort', CCP for Treasuries, & standing
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The latest BIS Bulletin, , confirms my conclusion that in mid-March a fire sale of Treasuries was taking place, https://justmoney.org/c-sissoko-a-fire-sale-in-the-us-treasury-market-what-the-coronavirus-crisis-teaches-us-about-the-fundamental-instabi
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So I learned this week that some people actually believe that mainstream macroeconomists believe that "banks create money" in a way that is *substantively the same* as the claim that
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