Sitemap - 2022 - Soon Parted

The Fed’s balance sheet, 1914 to 1935

Regulated liability network

Age of contraction

On borrowed time: 1 December 2022

Along the curve

Negative space


On borrowed time: 1 November 2022

Video interview

The SNB taps its swap line

Dear dollar

The liquidity Nobel

China’s difficult choices

The ECB’s liabilities

On borrowed time: 1 October 2022

A system under strain


The structural power of decentralized finance

Proof of something

A void at the center

On borrowed time: 1 September 2022

Tornado Cash

The Bank of Japan


A bridge too far

On borrowed time: 1 August 2022

In the fog

Three big ideas for tokenized finance

From leaks to flood

On borrowed time: July 1 2022

The PBOC balance sheet, part 3

Monetary impulse

On fragile finance

The plumbing of monetary union

Plumbing for tokenized finance

Leaky floor

On borrowed time: 1 June 2022

Closed circuit

China in the global production system

Division by zero

Stablecoins are banks

Positive interest

The US–China clearing balance

On borrowed time: 1 May 2022

Ruble payments

Seller's market

Project Lithium

Variation margin

Market plumbing

Central Banking

Decentralized finance, crypto and CBDCs


The subtle sport of Fed-watching


IOSCO's DeFi Report

The collapse of Libra

Beginning in one hour: Twitter Spaces with Izabella Kaminska

An outside-spread moment

Monetary policy in a disorganized economy

War in the monetary system

The balance sheet of the Central Bank of Russia

Quantitative tightening and overnight rates

Continuous payments

Flattening the monetary hierarchy

Crypto and the survival constraint

T accounts

The tokenization thesis

Repo Man

Mechanics of quantitative tightening

Why blockchain?

The Fed's CBDC paper

Macro accounting frameworks

Monetary policy communication

JPM Coin

Getting back to normalization

The big picture