15: Banks and Global Liquidity

Lecture PDF

Lec 15-1: FT: European money market funds shifting to Asia and European core countries

FT article link (1)

FT article link (2)

Lec 15-2: International transactions

Lec 15-3: Dealer model for foreign exchange

Lec 15-4: Central banking, defense of domestic exchange

Lec 15-5: Bank of England, defense against external drain

Lec 15-6: Toward a theory of exchange, without the gold standard

Keynes, Tract on Monetary Reform