> That said I don't think it would bother with the Libra or similar. I think that's the whole point. The author isn't saying the FED bailout was bad, in fact I

> That said I don't think it would bother with the Libra or similar. I think that's the whole point. The author isn't saying the FED bailout was bad, in fact I understood the opposite: they're saying it was a good thing but that it would be hard to pull off in a Libra-based market. > A run on Libra would require support on a much larger scale, as well as close coordination among all central banks affected by it. The author doesn't think that this kind of coordination is realistic/feasible in Libra-land, and therefore no bailout would occur, and therefore Libra holders would be left with nothing. At least that's what I interpreted.