Age of Easy Money (Full-length Film Audio Track)
The FRONTLINE Dispatch
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The Diabolical Effect of Low Interest Rates on Economic Activity
GE just authorized a $50 billion stock buyback. The numbers were astounding, more than $6 trillion in corporate buybacks during this easy money decade after the financial crisis. But it's just another example of how these very low interest rates have really distorted economic activity and frankly been a drag on our economic growth, not a benefit. We all kind of want the market to go up because we're in it with our pension funds and with our 401Ks.
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