Bank of Canada staff discuss replacing all federal debt issues with 3 fungible perpetual bonds paying fixed, floating, and inflation-linked rates

by kiwimancy Main paper: www.bankofcanada.ca/wp-content/uploads/2018/12/sdp2018-15.pdf Mentioned in money stuff: www.bloomberg.com/opinion/articles/2018-12-11/a-happy-anniversary-for-madoff-s-scam The paper discusses four ways of improving liquidity of canadian government bonds which should lower the cost of their debt. The last … Read more

Mike Lofgren, a congressional staff member for 28 years, joins Bill Moyers to talk about what he calls Washington’s “Deep State,” in which elected and unelected figures collude to protect and serve powerful vested interests.

Lofgren tells Moyers [26 min] Historical context to everything is important. Bill Moyers is a man most people consider credible in the mainstream. Worth investigating. Mike Lofgren, a congressional staff … Read more