Lev Menand and Josh Younger on *Money and the Public Debt: Treasury Market Liquidity as a Legal Phenomenon*
Macro Musings with David Beckworth
Fed Chairman William McChesney Martin's Role in Monetary System Design and the Treasury Accord Negotiation
This chapter explores the role of Fed Chairman William McChesney Martin in the treasury accord negotiation process and his dedication to fighting inflation and maintaining stable prices. It highlights how Martin established the primary dealer system, deepened the repo market, and contributed to the design of the banking and monetary system.
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