Published July 12, 2021 at 6:43 PM CDT
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TUESDAY on The Source After the 2008 financial crash, the Federal Reserve began an unprecedented, epic economic experiment that dramatically reshaped the American economy.
The central bank began creating new money and injecting it into the financial system, buying up bank assets in hopes it would stimulate economic growth.
During COVID-19, the Fed doubled down on its experimental moves, pushing billions of dollars into the financial system every day and even buying up corporate debt.
A new FRONTLINE film asks: Who is benefiting from the Fed s actions and their impact on the economy? Will its policies be remembered for helping the country avoid an economic crisis or for fueling wealth inequality? Did it simply make the rich richer?
NOWHERE FEST is an opportunity to gather with friends and celebrate the brave innovation that has propelled us forward in a positive direction, happening online in NOWHERE at www.urnowhere.com/fest from Thursday, March 11 at 6:00 pm - Saturday March 13, 2021.
On the anniversary of the WHO s declaration of the Covid-19 pandemic, NOWHERE, a new social and events platform that revolutionizes online gathering by offering face-to-face interaction in beautifully designed three-dimensional spaces in partnership with Preview Events, presents three days of performances, panels, and serendipitous connection. $5-$100 tickets are on sale at www.urnowhere.com/fest. The proceeds will benefit Helping Hearts NYC.