The Federal Reserve’s independence is currently being challenged by political forces seeking to reshape its mandate. The Fed has not always been independent of Congress and the Treasury. Its indepe…| WEB OF DEBT BLOG
The federal funds market consists of domestic unsecured borrowings in U.S. dollars by depository institutions from other depository institutions and certain other entities, primarily government-sponsored enterprises.| www.newyorkfed.org
See the mortgage rate a typical consumer might see in the most recent Primary Mortgage Market Survey, updated weekly. The PMMS is focused on conventional, conforming fully-amortizing home purchase loans for borrowers who put 20% down and have excellent credit.| www.freddiemac.com
Fixing our monetary and banking system requires more than tweaks to an obsolete system. This book proposes an overhaul of the monetary system itself—a rethinking of what money is and how it enters the economy. Yet, implementing this level of systemic change, history shows, is not as radical as it sounds. This book looks at how our banking system really works, the inherent contradictions in the model, and why regulation has not worked to fix them. It then explores some new developments and p...| TheNextSystem.org
