The Extraordinary Generosity of Central Banks Towards Banks: Some Reflexions on Its Origin

Yves here. This post will likely be an eye-opener to many by describing the very large, ongoing subsidies from central banks to banks via payments on bank reserves. And here you were worried about underpriced deposit insurance! It tries to unpack why central bankers ever could have rationalized…#miltonfriedman #747 #pauldegrauwe #johnpaulsonchair #yuemeiji #table1 #cutsinger #degrauwe #boardofgovernors #federalreserve

Source: Reuters: Health - May 15, 2023 Category: Consumer Health News Source Type: news