For a brief period in 2008 and 2009, the U.S. Treasury guaranteed investors against losses on their
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For a brief period in 2008 and 2009, the U.S. Treasury guaranteed investors against losses on their holdings of money market mutual fund shares. If the program had become permanent, how would it have affected the bank lending channel as it operates through shadow banks?
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Related Book For 
Money, Banking, and the Financial System
ISBN: 978-0134524061
3rd edition
Authors: R. Glenn Hubbard, Anthony Patrick O'Brien
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