Q&A #23
How did 2008’s monetary crisis change the language of the banking system? How did that language lead to the most infamous episode of it? If physical cash is the liquidity bottleneck in a fractional multiplier banking regime, where is it in the wholesale eurodollar? What role di GLB’s repeal of Glass-Steagall play in pre-crisis expansion and then the panic itself? Just who is Emil’s tailor?
