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The Historic Crisis Of Financial Market Plumbing

The Historic Crisis Of Financial Market Plumbing
Tracy Alloway, Joe Weisenthal, Zoltan Pozsar and Perry Mehrling
Odd Lots Podcast, 2020
Level: advanced
Perspectives: Institutionalist Economics, Other
Topic: Crises, Money & Debt
Format: Podcast
Duration: 00:55:23
Link: https://open.spotify.com/episode/3S2yt4L6imKBKP7rXHUWyx?si=iBU1n2QLRe2doBpRwfxfaA

Zoltan Pozsar of Credit Suisse and Perry Mehrling of the Frederick S. Pardee School of Global Studies explain how the "plumbing of the financial system" is coming under strain like never before. This podcast gives a great insight into how the money system works.

The three central points made are that the "supply chain is a payment chain in reverse", how the Fed has alleviated much of the dollar shortage stress through quick issuance of swaps and how the "post-crisis" future may look like.

Comment from our editors:

Three suggestions for everyone who benefits from background information on some of the topics touched upon in the podcast:

 

Go to: The Historic Crisis Of Financial Market Plumbing

This material has been suggested and edited by:

Jorim Gerrard
Tags: credit | debt | FED (Federal Reserve System) | finance | financial market | financialization | globalization | money view | odd lots podcast | US Federal Reserve system
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Level: expert
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Isabelle M. Weber Evan Wasner
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Level: advanced
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Level: advanced
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2019
Level: advanced
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L’économiste américain d’origine russe Hyman Minsky accordait une place centrale à la finance dans le fonctionnement des économies capitalistes. Cent ans après sa naissance, la crise de 2008-2009 remet en avant ses analyses de l’instabilité financière et ses pistes de réflexion sur les mécanismes qui pourraient la contenir.
Laurence Scialom
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