3min chapter

IMF Podcasts cover image

Alan S. Blinder on Monetary and Fiscal Policy: Rowing with Both Oars

IMF Podcasts

CHAPTER

The Fed's Forbearance Lasted a Few Months, and It Paid Off.

Clinton understood that interest rates had to come down. The Fed's forbearance only lasted a few months, he says. Clinton is followed by George Bush and his legacy of budget surpluses didn't last very long. There's a saying the sins of the father have visited on the son. This is the reverse.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode