Sunday , February 23 2025
Home / Video / Reserves don’t work the way you think they do.

Reserves don’t work the way you think they do.

Summary:
Massive additions of reserves into the banking system is not benefiial. It doesn't foster lending, and it's not stimulus. It's often the opposite.

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

New Economics Foundation writes Is the Labour government delivering on its promises?

John Quiggin writes Dispensing with the US-centric financial system

New Economics Foundation writes Whose growth is it anyway?

Matias Vernengo writes What is heterodox economics?

Massive additions of reserves into the banking system is not benefiial. It doesn't foster lending, and it's not stimulus. It's often the opposite.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *