Fed Facilities Overhaul
The discussion highlights the need for a regulatory incentive to encourage banks to utilize the discount window without creating a reliance on it. There's a call to remove Federal Home Loan Banks from the lender of last resort role, emphasizing their original mission of supporting affordable housing. Additionally, concerns about central bank intervention and its implications in times of financial distress are raised, reflecting on the evolution of monetary policy since the 2008 crisis.In this clip
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Odd Lots
The Quiet Revolution in How We Rescue Banks
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