AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
The Fed's $3 Trillion Problem | Maroon Macro & Joseph Wang
Forward Guidance
The Impact of the Basel 3 Rules on Repo
The SLR was supposed to be a binding constraint on balance sheet activity. But it has led to this sort of interesting situation where, basically, depending on which types of activities have different accounting treatments underneath the SLR in these various other regulatory guidelines. It incentivizes banks to engage in different kinds of behavior. And so I think this is just sort of an underrated, like overall driving force in markets.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode