Summary:
This past weekend saw extraordinary actions by the Fed to address the meltdown of Silicon Valley Bank. Did the central bank break the law by effectively authorizing unsecured loans to banks based on the face value—rather than significantly lower market value—of those banks' Treasury holdings? Bob's study guide to A Theory of Money and Credit: Mises.org/HAP387a Jeff on the Fed as the ultimate bank: Mises.org/HAP387b [embedded content] [embedded content] Tags: Featured,newsletter
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Jeff Deist, Robert P. Murphy considers the following as important: 6b) Mises.org, Featured, newsletter
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This past weekend saw extraordinary actions by the Fed to address the meltdown of Silicon Valley Bank. Did the central bank break the law by effectively authorizing unsecured loans to banks based on the face value—rather than significantly lower market value—of those banks' Treasury holdings? Bob's study guide to A Theory of Money and Credit: Mises.org/HAP387a Jeff on the Fed as the ultimate bank: Mises.org/HAP387b [embedded content] [embedded content] Tags: Featured,newsletter
Topics:
Jeff Deist, Robert P. Murphy considers the following as important: 6b) Mises.org, Featured, newsletter
This could be interesting, too:
Murray N. Rothbard writes The Lure of a Stable Price Level
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This past weekend saw extraordinary actions by the Fed to address the meltdown of Silicon Valley Bank. Did the central bank break the law by effectively authorizing unsecured loans to banks based on the face value—rather than significantly lower market value—of those banks' Treasury holdings?
Bob's study guide to A Theory of Money and Credit: Mises.org/HAP387a
Jeff on the Fed as the ultimate bank: Mises.org/HAP387b
Tags: Featured,newsletter