tag:blogger.com,1999:blog-7415249655779676193.post1801906491067591061..comments2023-11-05T10:42:31.601+01:00Comments on The New Global Liquidity Blog: Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7415249655779676193.post-75537771997339980232007-12-21T18:51:00.000+01:002007-12-21T18:51:00.000+01:00Barry. Many thanks! I remember a similar story on ...Barry. Many thanks! I remember a similar story on your blog a couple of months ago. The way I see it, the main culprit is the shape of the yield curve. If demand for bank reserves declines, the Fed has but two options: either it destroys bank reserves to keep its Fed funds target intact, or it just lowers the target. Cheers.Agustinhttps://www.blogger.com/profile/16209146710306589853noreply@blogger.comtag:blogger.com,1999:blog-7415249655779676193.post-89744776804279568632007-12-21T18:02:00.000+01:002007-12-21T18:02:00.000+01:00I couldn't find any email address for you, but thi...I couldn't find any email address for you, but this post is up your alley: <BR/><BR/>Money Supply Growth? Its Much Worse Than That! http://bigpicture.typepad.com/comments/2007/12/no-inflation-no.htmlJan5, Jan15 ?Ritholtzhttps://www.blogger.com/profile/08608448405502237269noreply@blogger.com