Game of Transformations: the Liquidity Version

Matt Johnston
Apr 21, 2018 · 15 min read

A couple of wildlings navigating a world of radical uncertainty.
Accounting for Bronn’s worthiness: “Credit is the economic judgment on the morality of a man” (Marx, 1844).
Open Market Operations (and you thought government debt was only good for paving roads, building bridges, dams and fighter jets).
My rendition of a diagram I first came across in Perry Mehrling’s money and banking lectures.

Coinmonks

Coinmonks is a technology-focused publication embracing decentralize technologies. We are Non-profit and education is our core value. Learn, Build and thrive. Our other project— https://coinmonks.com, https://cryptofi.co, https://coincodecap.com

Matt Johnston

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Coinmonks

Coinmonks

Coinmonks is a technology-focused publication embracing decentralize technologies. We are Non-profit and education is our core value. Learn, Build and thrive. Our other project— https://coinmonks.com, https://cryptofi.co, https://coincodecap.com