Dan Morehead, CEO & founder of Pantera Capital, and Raoul Pal, CEO of Real Vision, discuss how governments and central banks have not provided enough monetary relief to households in order to be considered true stimulus. Due to late responses and moderate measures to combat the coronavirus outbreak, Morehead talks about how Western countries may experience an even more severe recession than China. Morehead and Pal then examine how central banks will have to employ monetary policy in order for it to be effective through this recession and public health crisis.
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