tag:blogger.com,1999:blog-8817171247555815363.post4566510346452205256..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 16/5/2013: On That Impossible Monetary Policy DilemmaTrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8817171247555815363.post-91508072200247594732013-05-18T18:24:33.105+01:002013-05-18T18:24:33.105+01:00The IMF fears are unfounded because excess bank re...The IMF fears are unfounded because excess bank reserves can only be mopped up by sales of short-dated paper (banks eschew duration risk) whilst all long-dated assets will be held to maturity. Perhaps the authors don't realise this?Anonymoushttps://www.blogger.com/profile/17964995238429605702noreply@blogger.com