#MonetaryPolicy101 is a weekly series about the basics of monetary policy. This
is the fifth Post. See Post 1 here
[https://www.crisesnotes.com/purchase-and-sale-policy-monetarypolicy101/], Post
2 here
[https://www.crisesnotes.com/central-bank-collateral-policy-monetarypolicy101/],
Post 3 here [https://www.crisesnotes.com/payment-systems-monetary-policy-101/]
and Post 4
"Nathan Tankus on Public Finance in the COVID-19 Crisis: A Consolidated Budget Balance View and its Implications for Policy"
6 weeks ago I wrote [https://www.crisesnotes.com/a-quarter-of-the-2-trillion-dollar/] about a
key provision of the CARES act which devoted 454 billion dollars in
congressional appropriations to, in essence, insuring the Federal Reserve
against losses it would otherwise take related to its crisis actions.
The Shtetl Bank Comes to Town
Looking at the Obscure Glue Holding the Eurozone Together
Looking at the Obscure Glue Holding the Eurozone Together
Expansions for the Main Street Lending Program and Municipal Liquidity Facility
A Shtetl Parable of IOUs About Town
The First of Many Premium Posts
An Overview of Past and Present.
The Small Business Administration's Payroll Protection Program has been a mess