Perry Mehrling

In this discussion, Perry Mehrling, a Boston University professor and author, explores the intriguing parallels between Trump's economic strategies and Nixon's historic monetary shifts. He dives into the implications of dollar dominance and the likelihood of it being challenged. Moreover, Mehrling examines the complexities of modern trade dynamics, especially with China, and sheds light on how past crises shape current monetary policies. His insights remind us that while political atmospheres shift, the resilience of the dollar remains a pivotal factor in global finance.

Zoltan Pozsar, a Credit Suisse strategist famed for his insights on global currency evolution, joins Perry Mehrling, a Boston University professor and monetary systems expert. They engage in a lively debate on the emergence of 'Bretton Woods 3.0', questioning the dollar's diminishing dominance and the rise of commodity-backed currencies. The duo explores the complexities of U.S. financial systems, central bank challenges, and the geopolitical shifts impacting global economic stability, making for a fascinating discussion on the future of money.

Perry Mehrling, a Boston University professor and author, dives into the evolving definitions of money amid today's financial chaos. He discusses how central banks' experiments and the rise of cryptocurrencies, particularly stablecoins, challenge traditional monetary systems. The interplay between money and credit is dissected, revealing the dollar's dominance and the implications of cryptocurrencies in global commerce. Through historical parallels, Mehrling provides a critical look at the future of crypto and its sustainability in an ever-changing economic landscape.

Zoltan Pozsar, a strategist at Credit Suisse with deep expertise in financial markets, teams up with Perry Mehrling, an international political economy professor at Boston University. They discuss the unprecedented strain on financial market plumbing and the critical role of the Federal Reserve in these turbulent times. Topics include the challenges of the repo market, the necessity for government intervention, and how the Fed's expanding role could reshape the monetary landscape. Their insights shed light on the complexities of today's financial reality.

Perry Mehrling, a Professor of International Political Economy at Boston University, advocates for 'The Money View,' positioning money as central to understanding financial markets. He discusses how this framework clarifies the repo market's complexities and the inherent weaknesses in conventional economic theories, particularly during the 2007-2009 financial crisis. Mehrling critiques the shadow banking system's impact on stability and emphasizes the critical role of central banks in managing dollar dynamics amidst global tensions.