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The Varying International Responses to Covid-19, and the U.S. Stimulus Package

After Hours

CHAPTER

Federal Reserve

The federal reserve has some advantages through its connections to financial institutions. We just don't have something like that that's broader and that could lend out in a bigger way. I guess my only complaint with that, felix, is it does feel better situated to the kind of recession we had in o eight than the one we're having now.

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