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Snippet: Graham Elwood: How the Fed creates reserves for asset swaps in the banking reserve system
This snippet comes from episode 32 of Activist #MMT with Graham Elwood, at around the 32 minute, 30 second mark. Here is a link to the full video. In this snippet I introduce the basics of reserves, overnight settlement, reserve requirements, and interbank lending.
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By Jeff Epstein
4.6
1313 ratings
This snippet comes from episode 32 of Activist #MMT with Graham Elwood, at around the 32 minute, 30 second mark. Here is a link to the full video. In this snippet I introduce the basics of reserves, overnight settlement, reserve requirements, and interbank lending.
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