Global Dash for Cash
Perry and Zoltan discuss the recent market breakdown, highlighting the global dash for cash and the Fed's crucial role as the dealer of last resort. Zoltan praises the Fed's swift and extensive actions in backstopping the dollar funding system, contrasting it with the slower response during the 2008 financial crisis.In this clip
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Zoltan Pozsar and Perry Mehrling On The Historic Crisis Of Financial Market Plumbing
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