Most people think banks lend deposits. That’s not how the system works. Test your understanding of reserves, collateral, and Grade-A assets.
Nexus (Christopher)
Gold’s long-term rise is not a speculative breakout or inflation panic. It reflects repeated policy constraint, failed normalization, and the permanent reintroduction of liquidity to preserve funding…
Nexus (Christopher)
The Fed cut rates by 25 bps, acknowledged rising downside risks to employment, and quietly ended QT by initiating short-term Treasury purchases to maintain reserves, marking the start of a new liquid…
Nexus (Christopher)
COVID didn’t just trigger stimulus — it fused fiscal and monetary policy into a single war machine. Between 2020 and 2025, governments and central banks ran coordinated mega-deficits, bought their ow…
Nexus (Christopher)
After the 2008 crisis, the global system didn’t deleverage — it migrated. Between 2008 and 2019, QE, ZIRP, swap lines, and new regulations turned central banks into the core liquidity engine, inflate…
Nexus (Christopher)
