{"id":1406435,"date":"2023-12-21T23:44:50","date_gmt":"2023-12-21T23:44:50","guid":{"rendered":"https:\/\/realprogressives.org\/?p=58165"},"modified":"2023-12-21T23:44:50","modified_gmt":"2023-12-21T23:44:50","slug":"mmp-blog-15-clearing-and-the-pyramid-of-liabilities","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2023\/12\/21\/mmp-blog-15-clearing-and-the-pyramid-of-liabilities\/","title":{"rendered":"MMP Blog #15: Clearing and the Pyramid of Liabilities"},"content":{"rendered":"This week we examine bank clearing and the notion of a \u201cpyramid\u201d of liabilities with the government\u2019s own IOUs at the top of that pyramid.\n<p class=\"syndicated-attribution\">This post was originally published on <a href=\"https:\/\/realprogressives.org\/mmp-blog-15-clearing-and-the-pyramid-of-liabilities\/\">Real Progressives<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"<p>This week we examine bank clearing and the notion of a \u201cpyramid\u201d of liabilities with the government\u2019s own IOUs at the top of that pyramid.<\/p>\n","protected":false},"author":15648,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[397,72247,72286,5692,72017,5758,35177],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1406435"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/15648"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=1406435"}],"version-history":[{"count":1,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1406435\/revisions"}],"predecessor-version":[{"id":1406436,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1406435\/revisions\/1406436"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=1406435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=1406435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=1406435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}