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Money Supply Is Falling By Most Since Great Depression | Danielle DiMartino Booth

Forward Guidance

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The Importance of Institutional Products in the Federal Reserve

Daniel Treisman: People in the 1930s and 40s were mad when the Fed started owning treasuries, but you can't own a building. He says Janet Allen was able to go back and once again testifying in front of Congress after she'd taken her foot out of her mouth for saying let all the small banks die. Treisman: Everything this big needs to be congressionally lit. We need to bring that into law. And I really do think that that's the case.

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