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Can The Fed Keep Raising Rates Amidst A Banking Crisis? | Michael Howell

Inflection Point

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Central Bank Digital Currency

The Federal Reserve balance sheet is effectively banking the banking system. The funding structure is much more robust under this situation than it has been before. And you won't get a deposit run because there's really no more us for the money to go. A dollar is still as good as a dollar, and that's what central bank digital currencies were doing.

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