The Dollar Short, Hopefully Not A Day Late

By |2014-09-24T15:21:39-04:00September 24th, 2014|Bonds, Currencies, Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

I get so caught up in the minutiae of esoteric function or financial plumbing that it is worthwhile to take a step or two backward and review the financial system from a bit more afar. The repo market’s strain recently and even the idea of liquidity itself are actually features (or symptoms) of the “dollar.” The idea of “money supply” [...]