Julie Hill on the History and Recent Developments of Fed Master Accounts
Macro Musings with David Beckworth
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How to Make Money in American Samoa
Morgan Ricks: It's hard to make money at a bank in American Samoa structurally. In order to own land there, you have to be American Samoan; mortgage lending is non-existent. He says it might be a great place to experiment with many different radical proposals out there. Morgan Ricks: This is a case where a lot of things could happen. Just see what happens.
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