Jesse's Café Américain

"You are the very cause of your ignorance, yourselves. You put away the light, yourselves; you first pluck out both your own eyes, yourselves; and after that other men’s too, so that the blind may lead the blind, until you both fall into the pit.”
Thomas More, The Sadness of Christ (Gethsemane), Tower of London, 1535

Showing posts with label Federal Reserve currency swaps. Show all posts
Showing posts with label Federal Reserve currency swaps. Show all posts
22 February 2013

The New York Fed's Primary Dealers, Liquidity, Monetary Policy, Excess Reserves and Financial Dreadnoughts in Times of Currency War

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Someone asked me about Primary Dealers today.   I think it was in regard to liquidity concerns. Cutting to the punchline, however one wis...
28 May 2010

Federal Reserve Is Intervening in the Currency Markets While Wall Street Whines about Reform

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I think we all already knew this, but I wanted to bookmark it on my site for some future occasion when the government and the Fed deny it, p...
21 May 2010

Much Ado About TED, LIBOR, and Currency Swaps

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There is some alarm being expressed about the recent increase in the TED spread from some quarters this week. Here is a short term chart of ...
21 July 2009

The Fed's Currency Swaps

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Some controversy was triggered over a line of questioning this morning during Ben Bernanke's testimony before Congress, as reported on t...
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