Why shrinking the central bank balance sheet is not an option in an economy where financialisation is the secret driver of every incremental unit of GDP.
I don’t have any book suggestions, but for what I know most of the literature of financial plumbing is hidden behind paywalls and/or academic papers. You can find good papers about fundamentals of financial plumbing on Ex Uno Plures. Daniela Gabor also has a great paper called “The (Impossible) repo trinity”
The financial system continues amazing me. If anyone has any book recommendations on the subject matter please let me know.
I don’t have any book suggestions, but for what I know most of the literature of financial plumbing is hidden behind paywalls and/or academic papers. You can find good papers about fundamentals of financial plumbing on Ex Uno Plures. Daniela Gabor also has a great paper called “The (Impossible) repo trinity”
Thank you very much!