This $6 trillion problem threatens to push inflation even higher
Stanford Graduate School of Business lecturer Dave Dodson claims the Biden admin's handling of the economy is to'tinker' with it'like it's a video game' on'Your World with Neil Cavuto.' Following the 2008 global financial crisis, the Federal Reserve created trillions of dollars to ease financial conditions and keep banks afloat. Many economists predicted record inflation would result. But Fed Chairman Ben Bernanke pulled an ace out of his sleeve. He paid banks to park much of that money at the Fed and limit its inflationary effects.
Apr-10-2023, 12:00:32 GMT