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22min chapter
#23 - Are central banks insolvent? Guest: Dario Perkins
Macro Mondays
Central Bank Insolvency and its Implications
This chapter explores the concept of central bank insolvency and its potential consequences, including the Federal Reserve's negative equity and negative interest rate margin. The guest, Dario Perkins, shares insights on the dynamics between fiscal and monetary policy in assessing central bank solvency. The chapter also discusses the impact of central bank actions on government debt and the fiscal consequences of quantitative easing.
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