EPISODE · Mar 20, 2020 · 49 MIN
Fed To Inject Pennies ($1.5 Trillion) Compared To What's Needed In Stimulus
from Rethinking the Dollar · host Mike
The NY Fed announced plans Thursday to inject vast amounts of money into the financial system, totaling at least $1.5 trillion. And the Fed promised to start purchasing a range of Treasuries -- a step that effectively marks a return to the 2008 crisis-era bond buying program known as quantitative easing, or QE.
What this episode covers
The NY Fed announced plans Thursday to inject vast amounts of money into the financial system, totaling at least $1.5 trillion. And the Fed promised to start purchasing a range of Treasuries -- a step that effectively marks a return to the 2008 crisis-era bond buying program known as quantitative easing, or QE.
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Fed To Inject Pennies ($1.5 Trillion) Compared To What's Needed In Stimulus
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