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10. The Fed and the Debt Ceiling
Manage episode 303985055 series 2980491
Congress should permanently remove the debt ceiling. But until they do that, the issue affects the Fed in some big ways. Steven Kelly joins the show to talk about how the Fed's 13(13) powers and the Standing Repo Facility might be used.
On Twitter: @StevenKelly49, @KalebNygaard
Mentioned: Joseph Wang's blogpost "Debt Ceiling Procedures [RESTRICTED FR]", Steven's article "Cruel and Unusual Circumstances: The Fed's Use and Misuse of Penalty Rates"
49 afleveringen
Manage episode 303985055 series 2980491
Congress should permanently remove the debt ceiling. But until they do that, the issue affects the Fed in some big ways. Steven Kelly joins the show to talk about how the Fed's 13(13) powers and the Standing Repo Facility might be used.
On Twitter: @StevenKelly49, @KalebNygaard
Mentioned: Joseph Wang's blogpost "Debt Ceiling Procedures [RESTRICTED FR]", Steven's article "Cruel and Unusual Circumstances: The Fed's Use and Misuse of Penalty Rates"
49 afleveringen
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