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You searched for: label/market-clearing prices

Responding to Kling responding to me.

…specific one, the market will figure out how to get people into jobs in roughly the same way. Each intervention implies miss match and need for the market to match…

A Look at an Incredibly Silly Story

…to be booked at zero value. This is essentially mark-to-market on steroids, so any effect that mark-to-market would have would be exacerbated under this scenario. But does that change anything…

What is the point of credit default insurance ?

…the jump. Does anyone else remember when money market funds were new ? Anyone else vague on the difference between a money market fund and a money market account ?…