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If the recent yield curve panic proves anything, it proves that, in financial markets, what may start out as a mere statistical ..read more
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In a recent op-ed for CNN, Rep. Rashida Tlaib (D-MI) suggests a plan for improving the financial inclusion of minority households. She ..read more
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Regular Alt-M readers are no doubt looking forward to the FOMC's announcement next Wednesday. But I doubt they'll be sitting at the edges ..read more
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Regular Alt-M readers are no doubt looking forward to the FOMC's announcement next Wednesday. But I doubt they'll be sitting at the edges ..read more
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What Are the True Financial Risks of the Facebook-Led Digital Currency? (Part III: National Security Risk) At yesterday’s Senate Banking ..read more
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What Are the True Financial Risks of the Facebook-Led Digital Currency? (Part II: Monopoly Risk) Policymakers, in America and around the ..read more
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What Are the True Financial Risks of the Facebook-Led Digital Currency? (Part I: Systemic Risk) In medicine, “zebra” describes an ..read more
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Twice recently I've come across arguments to the effect that, despite what some libertarians, goldbugs, cryptocurrency fans, and Fed Board ..read more
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Libra Association website via TechCrunch By now everyone has heard of Libra, the new private digital money system announced last week, ..read more
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Earlier this month I was lucky enough to attend the Federal Reserve's much-anticipated conference on "Monetary Policy Strategy, Tools, and ..read more

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