{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Eurodollar University","title":"If Central Banks Controlled Interest Rates Then Explain THIS","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/d2154eb5\"></iframe>","width":"100%","height":180,"duration":1131,"description":"#recession #money #recession2023 #money  #inflation #deflation #interestrates #dollar #economy #consumer #bankcrisis \nAny amateur (like me) with a passing interest in economics knows the story: the Fed controls the economy by raising or lowering interest rates. Those then affect the banking system's credit impulse which either adds to or takes away from the general economy depending on what CBers wish to accomplish. \nOf course, almost none of that is true. How did it get to be this way? Answering that question reveals a lot more than you might think. \nEurodollar University's Money & Macro Analysis\nECB Monetary Policy Decisions October 26, 2023\nhttps://www.ecb.europa.eu/press/pr/date/2023/html/ecb.mp231026~6028cea576.en.html\nBundesbank TPI\nhttps://www.bundesbank.de/en/tasks/monetary-policy/outright-transactions/transmission-protection-instrument-tpi--896158\nFOMC Transcript August 1, 2011\nhttps://www.federalreserve.gov/monetarypolicy/files/fomc20110801confcall.pdf\nMilton Friedman: A Program for Monetary Stability (1960)\nhttps://miltonfriedman.hoover.org/objects/57536/a-program-for-monetary-stability\nFOMC Transcript June 27-28, 2000\nhttps://www.federalreserve.gov/monetarypolicy/files/FOMC20000628meeting.pdf\nRBI  Michael Debabrata Patra: Lost in Transmission? Financial Markets and Monetary Policy\nhttps://rbi.org.in/Scripts/BS_SpeechesView.aspx?Id=1338\nBOE Catherine Mann: Expectations, lags, and the transmission of monetary policy\nhttps://www.bankofengland.co.uk/-/media/boe/files/speech/2023/february/expectations-lags-and-the-transmission-of-monetary-policy-speech-by-catherine-l-mann.pdf\nTwitter: https://twitter.com/JeffSnider_AIP\nhttps://www.eurodollar.university\nRealClearMarkets Essays: https://bit.ly/38tL5a7","thumbnail_url":"https://img.transistorcdn.com/-PtiTzNd5Hw0QA5KJSn4hxFg04siyhv-eokn_umaeKU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzkyNDMvMTY2ODk5/MjU1OS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}