Money Creation Since 1914
Posted July 11, 2024
Congress ended the requirement that the Federal Reserve hold Gold to back the Money it created in 1968. Afterward, there were no longer any constraints on
Tag Archives: Federal Reserve Credit
The Repo Crisis and The Fed
Posted November 13, 2019
On September 16th, the interest rate in the overnight Repo Market shot up to nearly 10%. It should have been below 2.25%. There was no shortage