NYT: Treasury bills program
September 18, 2008 at 18:30 PM EDT
[Skip to the end] > > On Thu, Sep 18, 2008 at 4:21 PM, Eric Tymoigne wrote: > > One former FOMC member at least gets it (From the NYT) (well, at least if you > replace “can create money” by “can create reserve”): > I’ve heard him before, and he definately doesn’t quite get it. See my comments below: September 18, 2008, 3:15 pm [...]