Notes on the Crises

Macroeconomics, Money and Market Governance

Dec 10, 2024

What Exactly is an “Open Market” Operation? #MonetaryPolicy201

What Exactly is an “Open Market” Operation? #MonetaryPolicy201

#MonetaryPolicy201 is a monthly series about the basics of monetary policy. It’s a “201” series because I will be grounding the basics of monetary policy on their largely forgotten legal foundations. The beginning of this series will focus on various aspects of the question “What is Money Finance”? This