George Selgin says the key moment was October 2008, not 2007, when the Fed got early approval to pay interest on reserves. He argues this encouraged banks to hold reserves during the severe downturn.
published
George Selgin says the key moment was October 2008, not 2007, when the Fed got early approval to pay interest on reserves. He argues this encouraged banks to hold reserves during the severe downturn.
Latest documented BWB result
$SECZ market result
Exit $SECZ with .95 profit per share - thanks to a nice after hours pop. Will re-enter tomorrow most likely
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