The Market Huddle cover image

The Guy with a Gold BMW (guest: Dario Perkins)

The Market Huddle

CHAPTER

Is the C B a Lender of Last Resort?

After the global financial crisis, m m t was saying, no, this is wrong. Don't do it. I had a litt e sympathy for that, once i got out of the treasury, actually. And so there was, there was that focus on austerity being wrong. Then you had the theuroson crisis, and one of the really important moments was after am drage had said, whatever it takes,. There's something very fundamentally changed in the nature of that crisis. It came down to that difference between currency issuesand and currency users.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner