Q&A #93
If the Fed can influence some rates, how much influence is it? Is last year’s historic bond rally still live? If so, why? Does MMT need the Fed, or does the federal government just run away? Have repo and collateral needs rendered ‘cash’ deposits inferior? Why shouldn’t we think of repo as chains of transaction? Can we follow up on the Great Taking? Does it make a difference the UCC was altered in the nineties? What are we going to do for QnA #100?
