Since I am going off to the MMT conference next week (starts the 27th), and I in the middle of editing my manuscript, I am probably going to skip blog articles until I return.
If you are going to the conference, I will hopefully see you there.
The repo market disruptions are interesting. One could argue of something having gone horribly wrong in the funding markets. I am not in a position to argue either way, but I believe that it is possible that this is a somewhat technical problem that is affecting a few large players.
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The comment section here is largely dead. My Substack or Twitter are better places to have a conversation.
Given that this is largely a backup way to reach me, I am going to reject posts that annoy me. Please post lengthy essays elsewhere.