
351 | Cheap Debt, Bailouts, Crashes, and the Fight for Economic Resilience with Liz Hoffman
The Realignment
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Is There a Black Swan?
The way to jumpstart a sluggish economy is to encourage investment and banks to lend. To do that, it's really the provision of credit you have to be able to borrow. The Fed at some point in the mid 2010s realized that this had gone on too long. And they tried a couple of times, they made sort of head fakes towards raising interest rates. Every time they did, the market freaked out.
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