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This article advocates for a very specific policy solution, so I wouldn't take this headline at face value. That said, the Fed has signaled that it will interv
by curiousllama 6y ago
This article advocates for a very specific policy solution, so I wouldn't take this headline at face value.
That said, the Fed has signaled that it will intervene without limit to ensure the liquidity, if not the long-term solvency, of major banks. Long-term impacts of that position aside, the very premise of this article suggests that the banks are rock solid for the near term.