Re: Will the Fed Issue Debt?
December 11, 2008 at 06:30 AM EST
[Skip to the end] (email exchange) Paying interest on reserves is functionally identical to issuing debt. The difference would just be the different maturities. This could be used to support higher short term rates, if that’s what they want. Lots of CB’s have done this. > > On Thu, Dec 11, 2008 at 12:50 AM, Scott wrote: > > I hope all is well down under. [...]