1 filters applied
Deep-DivesGlobalCurated insights across markets, macros, history, and intelligenceShowing 3 of 3
Distilling high-signal intelligence into digestible insights.
Deep-DivesGlobalShowing 3 of 3
> "After World War II ended, the Fed continued its wartime pegging of interest rates. The **Treasury-Fed Accord, announced March 4, 1951, freed the Fed from that obligation**." > "The Fed **pegged long term interest rates at 2.5% during WWII**, to hold down interest costs and keep up the prices at which the government sold debt. Inflation surged in **1947** and **1948** when price controls were lifted, but…
> "[Alexander Hamilton] was the primary architect of the American financial system... a system that is still the envy of the world." - **Consuelo Mack** (Introduction) [[00:00:15](https://youtu.be/JBt_ayWKBos?t=15)] > "Hamilton’s insight was that a national debt, if it is not excessive, will be to us a national blessing." - **Richard Sylla** (Discussing the Report on Public Credit)…
"After World War II ended, the Fed continued its wartime pegging of interest rates. The Treasury-Fed Accord, announced March 4, 1951, freed the Fed from that obligation."
"The Fed pegged long term interest rates at 2.5% during WWII, to hold down interest costs and keep up the prices at which the government sold debt. Inflation surged in 1947 and 1948 when price controls were lifted, but…
"[Alexander Hamilton] was the primary architect of the American financial system... a system that is still the envy of the world." - Consuelo Mack (Introduction) [00:00:15]
"Hamilton’s insight was that a national debt, if it is not excessive, will be to us a national blessing." - Richard Sylla (Discussing the Report on Public Credit)…
"I've got a chart for you here that shows what happened back in 2019 and anybody who was on a money market desk then remembers it. We had a massive spike in money market rates... when the Fed reducing its balance sheet got too far down and there weren't enough reserves to go around." — Mike McKee, Bloomberg International Economics and Policy Correspondent…
