Shadow Banking Must Read
This is a very informative piece on how the shadow banking system works (i.e. the “repo” markets – as in sale and repurchase).
Dave
Dave is a part-time blogger that writes about whatever suits him at the time.
April 27, 2016
July 28, 2015
November 18, 2015
We have been experiencing some system resource issues. We believe the problem may be resolved, but if it is not please bear with us.
March 29, 2024
March 28, 2024
March 27, 2024
March 26, 2024
So the poobahs of the financial world have found away to reintroduce bank runs. I can’t wait for the libertarian scolds [1] to explain why this is a good thing.
1. The ones who disapprove of deposit insurance, meat inspection, fire codes, and everything else that makes our lives a bit more secure, and say “moral hazard” in the same tone that a Baptist preacher reserves for Satan.Report