Jarh L. Rodriguez’s Reviews > Central Banking 101 > Status Update
Jarh L. Rodriguez
is on page 216 of 254
[on capitalizing off crisis]
During the 2008 financial crisis the Fed ultimately decided to lend to foreign banks by establishing central bank swap lines with a roster of friendly foreign banks in an arrangement that allowed the Fed to insulate itself from potential credit losses. This ended the run on the global dollar system but also made the Fed the world's central bank.
— Aug 24, 2026 09:58AM
During the 2008 financial crisis the Fed ultimately decided to lend to foreign banks by establishing central bank swap lines with a roster of friendly foreign banks in an arrangement that allowed the Fed to insulate itself from potential credit losses. This ended the run on the global dollar system but also made the Fed the world's central bank.
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Jarh L.’s Previous Updates
Jarh L. Rodriguez
is on page 251 of 254
Monetary policy can impact economic activity through interest rates, but not all economic actors are interest rate sensitive
— Aug 25, 2026 02:18AM
Jarh L. Rodriguez
is on page 117 of 254
“The Fed is in effect the world’s central bank and ultimate backer of the global dollar banking system”
— Aug 21, 2026 10:08AM