
Shelter from the Storm(s)
Moody's Talks - Inside Economics
00:00
The Fed's Response to the Great Recession
The mortgage servicers kind of navigated through. They managed through and I didn't need to bail them out, he says. But let me ask you a question around that. And this goes to the forecast I did effectively on the take up. Who would have thunk $5 trillion in support? The Fed's response was also pretty amazing. Zero lower bound massive QE.
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