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Media Roundtable: The Power of the Fed Explores How Policies Prop Up Wall St & Widen Inequality

Media Roundtable: The Power of the Fed Explores How Policies Prop Up Wall St & Widen Inequality
kalw.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kalw.org Daily Mail and Mail on Sunday newspapers.

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Watch: Radical Fed Morphs From Central Bank To Bailout Kingpin... And Americans Aren't Paying Attention

Watch: Radical Fed Morphs From Central Bank To Bailout Kingpin... And Americans Aren't Paying Attention
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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'The Power Of The Fed': How Crisis-Averse Actions By The US Central Bank Are Playing Out On Wall Street Versus Main Street

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? ....

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FRONTLINE Investigates 'The Power of the Fed' in New Documentary

Streaming at 7/6c at pbs.org/frontline & in the PBS Video App
www.facebook.com/frontline | Twitter: @frontlinepbs
Instagram: @frontlinepbs | YouTube: youtube.com/frontline
When COVID-19 struck, the Federal Reserve stepped in to avert economic crisis. As the country’s central bank continues to pump billions of dollars into the financial system daily, building on an unprecedented strategy it began after the 2008 crash, who is benefiting, and at what cost?
FRONTLINE investigates
The Power of the Fed and how the central bank’s actions have played out over the years on Wall Street versus Main Street in a gripping new documentary premiering Tuesday, July 13, on PBS (check local listings). ....

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Post from Community: TMJ4 News honored with 2021 Walter Cronkite Award

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A months-long investigation into Wisconsin’s broken unemployment system earned TMJ4 News a 2021 Walter Cronkite Award, a national award from the USC Annenberg Norman Lear Center. The award honors journalism that seeks truth, examines inequities, serves the public and demonstrates the indispensability of a free and trustworthy press.
“In his time, Walter Cronkite had the courage to report the reality of the Vietnam War to the American people,” said Annenberg professor Marty Kaplan, director of the school’s Norman Lear Center, which administers the award. “In our time, these Cronkite Award winners have the courage to report that reality really exists.” ....

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