Crypto Voices
Crypto Voices
Matthew Mezinskis
PE55: Floored interest rate policy (X)
24 minutes Posted Apr 12, 2023 at 3:12 pm.
Intro
From discount rate to Discount window
2006 regulation allowing 'Interest on reserves'
IORR and IOER are dotted lines
How and why a 'corridor system?'
Floored!
It's definitely possible to lend any and all reserves...
...Unless you have an IOR (floor) system
Not just Bernanke; Yellen & Powell too
0:00
24:30
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Show notes
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This is the fifty-fifth video installment from Porkopolis Economics, covering macro and money, from the creator of the Crypto Voices podcast.
Contents
Here we look at the Federal Reserve's weekly balance sheet versus its base policy interest rates.
The Fed has claimed they operate a 'Corridor system.' In reality, the system has been flooring interest rates since 2008, and I explain why in this video.
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Show content is not investment or financial advice in any way.