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Maroon Macro: All They Told You About Money Printing is Wrong
Market Depth
I've a Twitter and a Substack on Monitary Mechanics.
Pension van rasset managers will try and engage in transactions where they lend bank deposits. They get back some proper collateral, which is the closest proxy to money as maroon sad can get. A bang deposit is money for them, form of money, but it's a pretty bad one. It doesn't yield much, and it brings credit risk. So why don't we move to try and get our hands on a bill, which is very close, as a form ofMoney, to a bang deposit from that perspective? O'Brien: Maroon has beena to have you here, and will for sure have you back in probably a month or two to discuss the ripp
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