Chapter 12(23) Money Creation and the Federal Reserve—Around the World

Read the following articles and pages in order to answer the below questions.

"Credit Default Swaps: The Next Crisis?", Time
"Why the Warnings were Ignored: Too many False Alarms", The Becker-Posner Blog

Question

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Question

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

Question

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Question

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Question

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