This is the second of three sessions on Perry Mehrling's 2011 book The New Lombard Street: How the Fed Became the Dealer of Last Resort https://www.amazon.com/Money-Interest-Public-American-1920-1970/dp/0674584309/ In this book, Mehrling applies his Money View framework to interpret the history of the Fed and to make sense of the global financial crisis of 2007-2009. Walter Bagehot's …

The New Lombard Street | Session 2 Read More »

This is the last of three sessions on Perry Mehrling's 2011 book The New Lombard Street: How the Fed Became the Dealer of Last Resort https://www.amazon.com/Money-Interest-Public-American-1920-1970/dp/0674584309/ In this book, Mehrling applies his Money View framework to interpret the history of the Fed and to make sense of the global financial crisis of 2007-2009. Walter Bagehot's …

The New Lombard Street | Session 3 Read More »