J
Joseph Wang
EconomistModern
Former senior trader on the Federal Reserve's open markets desk, the operation that carries out the Fed's money creation. He wrote Central Banking 101, a plain guide to how central bank money, bank deposits, and the dollar funding system actually work. He now writes weekly market and policy analysis at Fed Guy and is chief investment officer at Monetary Macro.
| Key Ideas | central bank plumbingopen market operationsdollar funding marketsmoney creation mechanics |
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