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11min chapter
Larry White on Stablecoins, Money Market Funds, and the History of Free Banking
Macro Musings with David Beckworth
Reforming Money Market Funds: Proposals and Debates
This chapter discusses the reforms introduced after the 2008 financial crisis for prime money market funds, including floating net asset values and a 30% minimum liquidity ratio. The speakers debate the effectiveness of imposed gates and propose alternative solutions for reform.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode