FrontlineAge of Easy MoneyTues., March 14, 2023Streaming at 7 pm at pbs.org/frontline & in the PBS Video AppAiring at 9 pm on PBS and on YouTubewww.facebook.com/frontline | Twitter: @fro
Premieres Tuesday, March 14, 2023 at 9 p.m. on KPBS TV / PBS App. The role of the Federal Reserve’s “easy money” policies in the current economic uncertainty. From the Great Recession to the rise in inflation, the ongoing fragility of the financial system and the widening gap between Wall St. and Main St.
come this year. we are doing a lot better in this country than a lot of countries overseas. i came from a work trip to europe and i realized how cheap everything felt. the dollar is so strong. ed a record levels. europe has been having the third worst year since world war ii in its economy. a lot of asian companies are panicking because suddenly their deck gets really expensive. they re in danger of defalts. the rest of the world in many cases is in recession. if you re trashing to europe or the uk, we re seeing 1-1 rates when it comes to the dollar. that s a little bit o good news. rana faroohar, thank you very much. thank you. republican house leaders have laid out their plans for
end that talk? i don t think it ends the talk, but there was a lot of pressure at the central bank meeting in jackson hole recently on the fed to say, look, we ve got to pull back. markets are at near record highs right now still in the middle of the surging delta variant, why do we need all this stimulus. but a lot of people are saying, hey, you know, we don t know what s going to happen. one great jobs number in july doesn t make a trend, and i think that those voices are now going to have a little bit more weight. i think this gives the fed a lot of breathing room that they didn t have before, and i think you probably won t see any big announcements in september. rana faroohar thank you. thank you. the president says his infrastructure idea and budget reconciliation deal are key to helping the economy recover, but those are facing now some major roadblocks. in a tweet senator bernie sanders warnings that the president s mega infrastructure bill will not pass the house if the