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2min chapter
Age of Easy Money (Full-length Film Audio Track)
The FRONTLINE Dispatch
The Fed Blinked
"It was a missed opportunity. We didn't use the cheapest money in memory," he says. "We really missed something that now will be more costly because now that interest rates are going up" The jury is still out on whether it contributed to the economic growth during the Trump presidency, but some inside the Fed thought it seemed like an ideal time to pull back from easy money experiment.
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