State Debt Market
Skanda discusses the ideal state for the US state and local government debt market, comparing it to Canada's system. He suggests direct loans from the Fed to states and large cities as a viable solution to address financial flexibility in times of crisis.In this clip
From this podcast

Odd Lots
How To Stop The Fiscal Emergency Facing U.S. Cities And States
Related Questions
What is the Federal Reserve's approach?
What is the Federal Reserve's role in addressing the fiscal emergency facing U.S. cities and states as discussed in the episode How To Stop The Fiscal Emergency Facing U.S. Cities And States and the clip State Financial Coordination?
What is the Federal Reserve's role?