I don't want to worry you but...
Why You Should Fear a MAGAfied Fed - Paul Krugman
https://paulkrugman.substack.com/p/why-you-should-fear-a-magafied-fed
#USPolitics #USEconomy #FederalReserveBoard #DonaldTrump #JeromePowell
I don't want to worry you but...
Why You Should Fear a MAGAfied Fed - Paul Krugman
https://paulkrugman.substack.com/p/why-you-should-fear-a-magafied-fed
#USPolitics #USEconomy #FederalReserveBoard #DonaldTrump #JeromePowell
"Hedging Sanctions Risk: Cryptocurrency in Central Bank Reserves" (Job Market Paper) Central banks may shift their international reserve holdings in order to protect themselves ex-ante against the risk of financial sanctions by fiat reserve currency issuers. For example, from 2016 to 2021,