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The ArrowFlinger speaks with Dr. Thomas Hoenig, President of the Federal Reserve Bank of Kansas City, then a voting member of the Federal Reserve Open Market Committee, in February 2010.
Here is the C-Span clip of the interview.
https://www.c-span.org/video/?292276-5/thomas-hoenig-federal-oversight-banks
He offers an interesting perspective on the commercial reserve and the duality of their role on monetizing several facets of both public and private banking.
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