On a final note, I wanted to mention that the effects of ...
On a final note, I wanted to mention that the effects of your class have definitely helped me in more ways than I could have anticipated. As an example, the members of my section were SHOCKED I knew what a reverse repo was coming in. Apparently pretty much every RA (and there’s 9 of us total, we have the biggest section at the Board) entered in with minimal knowledge of how the money market has changed since the Great Recession. Crazy! They all poke fun of me for being the money markets nerd. I was sure to tell them I had a great professor for intermediate macro teach it all to me. The learning curve insofar as understanding the basic dynamics of the “new way” the Fed does monetary policy has been a breeze, which really clears the way for me to jump into projects quickly. Anyway, I really appreciate all the help you gave in my undergraduate years. I absolutely love the section I’m in and the work we do every day, and I probably would never have thought to pick it if I hadn’t learned about money markets from you, so thanks!
Hope you have a great rest of your summer and a good bunch of 304 students this year! Hope we can stay in touch, and if you ever have any students interested in a Fed position tell them to feel free to reach out.
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