Q&A #32
How do we decompose maturities? Why is there no getting away from the eurodollar? Can you start your own eurodollar bank? If so, how? If not, why not? When someone does, how do ledger transactions get settled? What is going on at the Fed’s primary credit window? If the Fed’s policies don’t correlate with anything in the economy, what does? How many things actually do?
