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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? ....

United States , Rachel Leah Siegel , James Jacoby , Anya Bourg , Washington Post , Federal Reserve , Wall Street , Leah Siegel , ஒன்றுபட்டது மாநிலங்களில் , ரேச்சல் லியா ஸீகல் , ஜேம்ஸ் ஜாகோபி , அன்யா போர்க் , வாஷிங்டன் போஸ்ட் , கூட்டாட்சியின் இருப்பு , சுவர் தெரு , லியா ஸீகல் ,

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


Streaming at 7/6c at pbs.org/frontline & in the PBS Video App
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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). ....

New York , United States , Neel Kashkari , Jeremy Grantham , Megan Robertson , Howard Marks , Sarah Bloom Raskin , Raney Aronson Rath , Peter Fisher , James Jacoby , Frank Koughan , Andrew Huszar , Joseph Stiglitz , Anya Bourg , Federal Reserve Bank , Patrice Taddoniodigital Writer Audience Development Strategist , Federal Reserve , Treasury Department , Group Chasing The , Taddoniodigital Writer , Audience Development Strategist , Wall Street , Main Street , Amazon Empire , Facebook Dilemma , New York Federal Reserve ,