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  • Apr 2
    2020

    Banks Have Too Much Money Now

    Category : Press

    Also The Narrow Bank, the WeWork tender, the Citadel Hotel, ETFs, toilet paper tokens and gold bars…

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  • Mar 25
    2020

    Judge Grants FRB-NY’s Motion to Dismiss

    Category : Documents

    “Although the over 18-month wait TNB has endured is concerning, it does not approach the 30-year mark. If TNB had been waiting 30 years for a decision, I would have…

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  • Nov 22
    2019

    Making Money Safe

    Category : Press

    Providing better options to hold money safely is desirable and feasible; failure to do so is a serious but fixable flaw in the legal architecture of money and payments in…

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  • Jul 24
    2019

    Narrow banking and its role in the financial system

    Category : Documents

    Narrow banks are depository institutions, entities, or facilities whose main purpose is to offer nonbanks overnight investments that are, directly or indirectly, fully backed by central bank liabilities.

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  • Jul 15
    2019

    The narrow way to a better banking system

    Category : Press

    Traditional banks borrow money and fail when they can’t repay. The result, as the Great Recession showed, is potential economic devastation requiring massive taxpayer bailouts. If the Great Recession taught…

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  • Jun 28
    2019

    The Fed doesn’t like narrow banks, but asset managers do

    Category : Press

    Narrow banks would funnel cash to the Fed to get its rate – money managers are intrigued…

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