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The Fed hiked the policy rate by 25 basis points this week, while forecasters were split on the outcome. My feeling is that this is a “dovish hike” — whatever that means. Realistically, the Fed wants to drift into at least a temporary pause while they survey the wreckage left…
Brian Romanchuk
NewTopCommunity
Narrow banking is a concept for a bank that holds 100% reserves against deposits. It attracts people who are deeply concerned about the symbolic content…
Brian Romanchuk
3
I have something written on currency swaps, but it is probably too complex. I want to make a brief and hopefully simple comment on the topic. (The fact…
Brian Romanchuk
5
The details of a shotgun marriage between UBS and Credit Suisse arranged by Swiss regulators have been leaking out. Credit Suisse has been plagued by…
Brian Romanchuk
1
In this article, I am going to give a basic introduction to insolvency (bankruptcy), as well as a discussion of the principles of how losses are…
Brian Romanchuk
3
I am seeing a lot of attempts to argue in favour of major changes to banking because of what happened with Silicon Valley Bank. Although I see a chance…
Brian Romanchuk
1
The U.S. Treasury, Federal Reserve, and Federal Deposit Insurance Corp banded together to create the Bank Term Funding Program (BTFP — the bureaucrats…
Brian Romanchuk
With the FDIC auction underway, the Silicon Valley Bank Crisis may either be over or raging uncontrollably when you read this. I lean towards the…
Brian Romanchuk
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