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.
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Fed To Inject Pennies ($1.5 Trillion) Compared To What's Needed In Stimulus
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