Says it was an “operational problem”... ie not a technical problem..... Nobody wants to receive reserve assets? Hmmmmmmm... The Fed's system that allows banks to send money back and forth went down for several hours https://t.co/KNFxH0Uh6n— Jeff Cox (@JeffCoxCNBCcom) February 24, 2021 B reserves to depositories yesterday:Perhaps destabilization starting....
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Jodi Beggs writes Economists Do It With Models 1970-01-01 00:00:00
Mike Norman writes 24 per cent annual interest on time deposits: St Petersburg Travel Notes, installment three — Gilbert Doctorow
Lars Pålsson Syll writes Daniel Waldenströms rappakalja om ojämlikheten
Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.
Says it was an “operational problem”... ie not a technical problem.....
Nobody wants to receive reserve assets? Hmmmmmmm...
The Fed's system that allows banks to send money back and forth went down for several hours https://t.co/KNFxH0Uh6n
— Jeff Cox (@JeffCoxCNBCcom) February 24, 2021
$70B reserves to depositories yesterday:
Perhaps destabilization starting....