Mehrling Explains the ‘Historic Crisis’ to Bloomberg’s Odd Lots

Perry Mehrling, Professor of International Political Economy at the Frederick S. Pardee School of Global Studies at Boston University, was interviewed on Bloomberg’s popular podcast series, Odd Lots (March 30, 2020).

From the introduction to the podcast:

The plumbing of the financial system is coming under strain like never before. On this week’s podcast, we speak with two legendary experts on how the money system works: Zoltan Pozsar of Credit Suisse and Perry Mehrling of the Frederick S. Pardee School of Global Studies. They explain the extreme level of stress we’re seeing, what the Fed has done to alleviate, what more needs to be done, and what the post-crisis future may look like.

The Odd Lots podcast can be heard here, or below:

 

Perry Mehrling is a Professor of International Political Economy at the Pardee School and teaches courses on the economics of money and banking, the history of money and finance, and international money. He is the author of The New Lombard Street: How the Fed became the dealer of last resort (Princeton 2011), Fischer Black and the Revolutionary Idea of Finance (Wiley 2005), and The Money Interest and the Public Interest (Harvard 1997).  Recent papers and video are available on his website, ‘one stop shopping for all things ‘money view’.