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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

FEDS Paper: Pre-LBO Credit Market Conditions and Post-LBO Target Behavior December 1, 2023
IFDP Paper: The International Spillovers of Synchronous Monetary Tightening November 29, 2023
FEDS Paper: Debt Flexibility November 29, 2023
FEDS Paper: Uncovered interest rate, overshooting, and predictability reversal puzzles in an emerging economy November 22, 2023
FEDS Paper: Supply Chain Constraints and Inflation November 22, 2023
FEDS Paper: Borrowing and Spending in the Money: Debt Substitution and the Cash-out Refinance Channel of Monetary Policy November 21, 2023
FEDS Paper: Retail Central Bank Digital Currencies: Implications for Banking and Financial Stability November 20, 2023
IFDP Paper: Trade Uncertainty and U.S. Bank Lending November 20, 2023
FEDS Paper: LCR Premium in the Federal Funds Market November 9, 2023

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