Quantum Solace of Finance
The ACID Capitalist Podcast
00:00
The Liquidity Crisis
We are on the 15th anniversary thereabouts of the initiation of American quantitative easing. And this, I guess, is 20 years of cheap money coming to home to risk? Well, this is the aftermath of the engagement, the reaction to the great financial crisis of 2008. All we've seen in the past week has been an intensity to hedge a reassessment of the immediate future. But all that means is that when we get the intensity of the liquidity crisis, we haven't seen that yet.
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