The Backstops for Banks Are Full of Holes

Tags: Monetary Policy, Money and Banks, U.S. Economy

07/18/2023 Douglas E. French

The Federal Home Loan Bank (FHLB) is the latest “weapon” in the government’s so-called arsenal to keep the banking system afloat. But the system needs much more than just “liquidity.” It needs sound money and sound banking practices.

Original Article: “The Backstops for Banks Are Full of Holes“

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