MMP Blog #15: Clearing and the Pyramid of Liabilities

This week we examine bank clearing and the notion of a “pyramid” of liabilities with the government’s own IOUs at the top of that pyramid.

This week we examine bank clearing and the notion of a “pyramid” of liabilities with the government’s own IOUs at the top of that pyramid.

This post was originally published on Real Progressives.


Print Share Comment Cite Upload Translate Updates
APA
L. Randall Wray | radiofree.asia (2024-05-15T17:37:01+00:00) » MMP Blog #15: Clearing and the Pyramid of Liabilities. Retrieved from https://radiofree.asia/2023/12/21/mmp-blog-15-clearing-and-the-pyramid-of-liabilities/.
MLA
" » MMP Blog #15: Clearing and the Pyramid of Liabilities." L. Randall Wray | radiofree.asia - Thursday December 21, 2023, https://radiofree.asia/2023/12/21/mmp-blog-15-clearing-and-the-pyramid-of-liabilities/
HARVARD
L. Randall Wray | radiofree.asia Thursday December 21, 2023 » MMP Blog #15: Clearing and the Pyramid of Liabilities., viewed 2024-05-15T17:37:01+00:00,<https://radiofree.asia/2023/12/21/mmp-blog-15-clearing-and-the-pyramid-of-liabilities/>
VANCOUVER
L. Randall Wray | radiofree.asia - » MMP Blog #15: Clearing and the Pyramid of Liabilities. [Internet]. [Accessed 2024-05-15T17:37:01+00:00]. Available from: https://radiofree.asia/2023/12/21/mmp-blog-15-clearing-and-the-pyramid-of-liabilities/
CHICAGO
" » MMP Blog #15: Clearing and the Pyramid of Liabilities." L. Randall Wray | radiofree.asia - Accessed 2024-05-15T17:37:01+00:00. https://radiofree.asia/2023/12/21/mmp-blog-15-clearing-and-the-pyramid-of-liabilities/
IEEE
" » MMP Blog #15: Clearing and the Pyramid of Liabilities." L. Randall Wray | radiofree.asia [Online]. Available: https://radiofree.asia/2023/12/21/mmp-blog-15-clearing-and-the-pyramid-of-liabilities/. [Accessed: 2024-05-15T17:37:01+00:00]
rf:citation
» MMP Blog #15: Clearing and the Pyramid of Liabilities | L. Randall Wray | radiofree.asia | https://radiofree.asia/2023/12/21/mmp-blog-15-clearing-and-the-pyramid-of-liabilities/ | 2024-05-15T17:37:01+00:00
To access this feature and upload your own media, you must Login or create an account.

Add an image

Choose a Language



A Free News Initiative

Investigative Journalism for People, Not Profits.