Re: Bernanke missing the point on repo
March 10, 2009 at 10:50 AM EDT
[Skip to the end] (email exchange) The Fed already has thousands of designated agents, the banks, to lend and take in deposits. If I were in charge I’d eliminate the cap on FDIC insured bank deposits and legislate any insured pension funds keep their excess cash in insured deposits. And borrowers can go to the banks as [...]