Lavish sent me down a bit of a Basel III hole. Nik Bhatia and Matt Dines explain Basel III, the BIS and SLR. The episode does a good job explaining the global financial system.
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Lavish sent me down a bit of a Basel III hole. Nik Bhatia and Matt Dines explain Basel III, the BIS and SLR. The episode does a good job explaining the global financial system.
That's what allows central banks to print more, right? If you can't do better, then you change the rules. F******
Yes, but the US has the best printer. That's its exorbitant privilege.
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