Matt Waters
mattwwaters
Biggest myth is that Treasuries ever existed in a true free market.1. Pre-1913: Tsy monetized debt with National Bank Notes.2. 40s: Fed pinned Treasury rates, of all maturities, until 1951.https://twitter.com/lisaabramowicz1/status/13495015
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I was mainstream Republican in 2008. My first econ blog was Greg Mankiw's.But there was a comment of mine on Marginal Revolution in 2008. I asked, basically, if we need
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