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The New U.S. Stimulus Package and the Meaning of Brexit
After Hours
Are We Worried About Inflationary Effects of Fiscal Stimulus?
We've already done four or five times that we're talking about doing another three times that. The size of the federal reserves balance sheet, before the pandemic, was about five times bigger. And since the pandemic,. it's about eight and a half times bigger. So that's many trillions of dollars. But this is, in a way, i would go the other way, felix, which is, we've overlearned that mushno meter. Still ten million people who are unemployed. And then we have to speak change in labor market participation. It's not going to be to day and to morrow.
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