Another alternative is to rely on automatic stabilizers such as fiscal and monetary policies that kick in automatically Forex pairs during a crisis. However, this approach may not be effective in preventing a crisis from happening in the first place. Market participants may take on more risk than they otherwise would if they believe that the PPT will bail them out in the event of a market downturn. This can lead to a buildup of systemic risk in the market, which can ultimately lead to a more severe market crash. The Plunge Protection Team also conducts market surveillance to detect any potential threats to market stability. For example, the team may intervene if it detects a sudden drop in the market due to a technical glitch or a cyberattack. Legal and Ethical Implications of the Plunge Protection Team’s Actions Critics argue that the PPT should be subject to more transparency and accountability to ensure that it operates in the best interests of the public. This would require the PPT to be more open about its …