Ep. 243 To Understand (Price) Inflation Then and Now, Follow the Money
Bob Murphy Show
00:00
What if the Fed Didn't Inject More Reserves Into the System?
If the fed holds tight and doesn't inject more reserves into the system, what would happen? Would be the opposite of the process i've just described to you. End up outside of bank vaults. And so then going the opposite way, if people want to shift money out of money market funds and into their checking account balances. I think when the dust settled, m one would not be higher.
Transcript
Play full episode
