intra-Eurosystem credit

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When the good drives out the bad

When the good drives out the bad

joni Juni 16, 2014 Add Comment coins, credit cards, Gresham's Law, intra-Eurosystem credit, zero lower bound Edit

There's a fairly regular monetary phenomenon that needs a name. It's similar in nature to Gresham's law, yet the inverse version...

Financial Plumbing: Europe and the Fed's Interdistrict Settlement Account

Financial Plumbing: Europe and the Fed's Interdistrict Settlement Account

joni Mei 31, 2014 Add Comment Barry Eichengreen, clearing and settlement, ECB, Federal Reserve, Hans-Werner Sinn, interdistrict settlement, intra-Eurosystem credit, NCB Edit

One of this blog's most recurrently popular posts is a 2012 ditty entitled the Idiot's Guide to the Federal Reserve Interdistrict Se...

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