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What Will Break First? | Joseph Wang & Peter Crane
Forward Guidance
Swing Pricing Is Another Way to Implement Liquidity Fees
Money market funds are eight to ten times bigger than the offshore dollar money maket fns. The banking system still rules in the rest of the world, as it still does in the us. Swing pricing is another way to implement a liquidity fee. But i'm so likeno be careful about your criticism because if it becomes law and becomes more wokable then we'll see an improvement.
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