What if The Fed Just Gave Us Free Money? w. Prof. Lawrence Marsh
Oct 02, 2020•43 min
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Episode description
Today, the Fed spends money buying bonds and setting interest rates to stimulate the economy. Econ Prof. Lawrence Marsh shares a radically different way of using the Fed: putting money directly into Americans' bank accounts. He argues the Fed needs to move from supply-side to demand-side stimulation in order to not only ease inequality but also lead to a much more efficient economy.
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