Thursday, July 26, 2012

Cardiff Garcia — IOER, negative rates, and Ben


Scott Fullwiler tweets: Best piece I've seen yet on why chaos could ensue with elimination of IOR or even negative rates on reserves

Read it at The Financial Times | FT Alphaville
IOER, negative rates, and Ben
Cardiff Garcia

2 comments:

Dan Kervick said...

Not as much insight from DeLong and Mallaby:

http://delong.typepad.com/sdj/2012/07/the-need-for-a-higher-rate-of-increase-in-prices-sebastian-mallaby-is-forty-months-late-department.html

Flow5 said...

Trash