Fed's Sword, Shadow Banking
Zoltan explains how the Fed possesses the necessary tools, likening them to a sword, to address issues in shadow banking. Tracy and Zoltan delve into the complexities of carry trading and the post-QE shadow banking system, shedding light on the Fed's role in backstopping this financial structure.In this clip
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Zoltan Pozsar and Perry Mehrling On The Historic Crisis Of Financial Market Plumbing
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