Daniela Gabor on Financial Globalization, Capital Controls, and the Critical Macrofinance Framework
Macro Musings with David Beckworth
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Is There a Place for More Central Clearing in the Treasury Market?
i think all of us were surprised. Ti think the federal reserve was surprised and stepped in so aggressively because it was so worried and shocked by what happened. Do you think there's a place for using more central clearing in the treasury market, or douce any challenges and taking that approach? Thinky, that's a really interesting question. I'm not quite sure i have a straightforward yes or no answer. In this er paper on critical macro finance, i make reference to the question of er introducing sisipes in the us Financial system.
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