tag:blogger.com,1999:blog-582368152716771238.post7803770349152587095..comments2024-03-28T14:41:03.793-05:00Comments on The Grumpy Economist: Across the Great DivideJohn H. Cochranehttp://www.blogger.com/profile/04842601651429471525noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-582368152716771238.post-72728275702699650482014-11-05T01:07:10.012-06:002014-11-05T01:07:10.012-06:00John,
Are you familiar with the primary dealer ar...John,<br /><br />Are you familiar with the primary dealer arrangement? Have you contemplated how a Pigouvian tax on short term borrowing would affect the buy side in Treasury bond auctions? Do you really believe any bank or other business would sell equity shares to buy the debt of the Federal Government?FRestlyhttps://www.blogger.com/profile/09440916887619001941noreply@blogger.comtag:blogger.com,1999:blog-582368152716771238.post-613668206174736022014-11-05T00:31:24.645-06:002014-11-05T00:31:24.645-06:00John,
Simple question - what is a bank? John,<br /><br />Simple question - what is a bank? FRestlyhttps://www.blogger.com/profile/09440916887619001941noreply@blogger.com