Fed bilateral swap lines developed in 1960s to manage Bretton Woods exchange rate pressure and $ funding pressures rose in scale to match those in first phase of Fed intervention 2007-8. Remarkable charts from Catherine Schenk’s BIS lecture streaming here.
bis.org/events/per_jac… https://t.co/Yj0IEJAmPM
RT @MarketUrbanism: Who's writing and thinking about how expensive lumber will change the US construction industry? Prefab seems like an
May 5, 2021
RT @MarketUrbanism: Who's writing and thinking about how expensive lumber will change the US construction industry? Prefab seems like an ob…