Today’s post is a joint effort, written with my friend and former teacher/colleague, Randy Wray. Randy was a student of Hyman Minsky (and author of many books, including Why Minsky Matters.) We were trading e-mails about the collapse of Silicon Valley Bank (SVB) over the weekend, and I suggested that we team up and write something for readers of The Lens. So here it is….
The Lens
Magical Monetary Thinking at the Fed Killed SVB
L. Randall Wray and Stephanie Kelton
See also
Notes on the Crisis
Nathan Tankus
Go to Source of this post
Author Of this post:
Title Of post: Magical Monetary Thinking at the Fed Killed SVB — L. Randall Wray and Stephanie Kelton
Author Link: {authorlink}