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Published August 2, 2017 at 1430 × 1130 in A Monetary Policy Primer, Part 11: Last-Resort Lending
lender of last resort, bank runs, panics, monetary primer

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Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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