The Money Market Trio - The Three Musketeers

Zoltan: I think the conversation really crystallized the idea that what we're seeing in markets right now is this cash shortage or a run on cash and a run on dollars specifically. It also highlights the power of the Fed, right? Like the Federal Reserve right now is basically responsible for keeping the entire global financial system afloat. Zoltan: If this were to happen again in four years time or a longer horizon, would the Fed do the same thing? Can we always rely on this one body to sort of inject as many dollars as needed into the financial system? Yeah.