Re:JPMorgan Chase Bank Assumes All the Deposits of First Rep...
by eru on Monday May 01, 2023 @10:24AM
(#35773185)
The chart you linked to has downward movement as well. So it's not all 'more money printing'.
Btw, the expansion of the monetary base has a lot more to do with the Fed paying interest on excess reserves than on rescuing a few banks here and there.
Btw, the expansion of the monetary base has a lot more to do with the Fed paying interest on excess reserves than on rescuing a few banks here and there.
See https://www.cato.org/working-paper/floored or https://www.mercatus.org/macro-musings/floors-and-corridors