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Recent Posts

People create money ‘out of thin air’. Not banks!
March 30, 2020
Who owns the money in your bank account?
June 10, 2019
Where does money come from?
May 1, 2019
What is money? An Australian perspective: Part two
April 8, 2019
What is money? An Australian perspective: Part one
April 1, 2019

Latest Federal Reserve Papers

test May 28, 2023
2017-021: Are Basel's Capital Surcharges for Global Systemically Important Banks Too Small? February 27, 2017
2017-020: Gauging the Uncertainty of the Economic Outlook Using Historical Forecasting Errors: The Federal Reserve's Approach February 27, 2017
IFDP 2017-1199: Disaster Risk and Asset Returns: An International Perspective February 23, 2017
IFDP 2017-1198: The Effect of Foreign Lending on Domestic Loans: an Analysis of U.S. Global Banks February 23, 2017
IFDP 2017-1197: "Low-For-Long" Interest Rates and Banks' Interest Margins and Profitability: Cross-Country Evidence February 23, 2017
IFDP 2017-1196: Uncertainty, Currency Excess Returns, and Risk Reversals February 22, 2017
IFDP 2017-1195: Incentive Contracting Under Ambiguity Aversion February 21, 2017
IFDP 2017-1194: Unconventional Monetary and Exchange Rate Policies February 21, 2017

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