"in early to mid-March, amid extreme volatility across the financial system, the functioning of Treasury and agency MBS markets became severely impaired” Lorie Logan
Fed responded with daily purchases > $100bn.
libertystreeteconomics.newyorkfed.org/2020/08/market… https://t.co/7PLRHqE8d0
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…