Back in 2020 Martin (NY Fed) and Younger (JP Morgan) invoked history to argue that if you need banks to absorb a lot of Treasuries, you need to change capital ratios, as in WWII. Where are we in 2021 with SLRs? Chartbook Newsletter #16 digs in.
adamtooze.substack.com/p/chartbook-ne… https://t.co/RCzzRP0wu4
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,…