macroeconomicpolicynexus.substack.com/p/a-new-plumbing-system-for-central/comment/107568433

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https://macroeconomicpolicynexus.substack.com/p/a-new-plumbing-system-for-central/comment/107568433

Utluna Capital on Macroeconomic Policy Nexus

Thanks David, love this topic! Would be great to have a follow-up piece and/or podcast on the pros & cons of each system across as many dimensions as possible, e.g. operational constraints, system efficiency, market signal, stigmatization, bank ROE, etc.



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Utluna Capital on Macroeconomic Policy Nexus

https://macroeconomicpolicynexus.substack.com/p/a-new-plumbing-system-for-central/comment/107568433

Thanks David, love this topic! Would be great to have a follow-up piece and/or podcast on the pros & cons of each system across as many dimensions as possible, e.g. operational constraints, system efficiency, market signal, stigmatization, bank ROE, etc.



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https://macroeconomicpolicynexus.substack.com/p/a-new-plumbing-system-for-central/comment/107568433

Utluna Capital on Macroeconomic Policy Nexus

Thanks David, love this topic! Would be great to have a follow-up piece and/or podcast on the pros & cons of each system across as many dimensions as possible, e.g. operational constraints, system efficiency, market signal, stigmatization, bank ROE, etc.

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      Thanks David, love this topic! Would be great to have a follow-up piece and/or podcast on the pros & cons of each system across as many dimensions as possible, e.g. operational constraints, system efficiency, market signal, stigmatization, bank ROE, etc.
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