Where finance and media intersect with reality


The Essential Willem Buiter on Whether Central Banks Can Go Bust

Screenshot 2022-10-10 at 18.06.57

As mentioned in Spot Markets Live on Monday, lots of people are talking about this chart tracking Fed remittances to the Treasury. The striking collapse into negative territory since the summer is a function of the Fed finally having to materialise losses on the assets it purchased post-2008 as it unwinds QE. Does it mean […]

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