Zoltan Pozsar on His Next Big Move and the Coming Monetary Divorce
Odd Lots
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Navigating the Turbulent Financial Landscape
This chapter explores the emergence of gold-backed digital tokens in countries like Zimbabwe and how smaller nations can assert their influence against larger economies. It examines recent banking crises, particularly the failures of notable banks, and discusses the responses from the Federal Reserve and the evolving roles of both traditional and shadow banks. The conversation highlights the complexities of the current global financial system, emphasizing the importance of monitoring credit risks and the implications of shifting central bank functions.
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