Jeanna Smialek on *Limitless: The Federal Reserve Takes on a New Age of Crisis*
Macro Musings with David Beckworth
00:00
The Fed's Balance Sheet
Do you get a sense that there's any recoil, any apprehension among central bank community about big balance sheets? Or is it just like we got to have to stick through this and experience some losses? I don't think I've heard much from within the central banking community actually. It was really interesting at the IMF World Bank meetings this year because I feel like for the first time I heard people within the mainstream saying things like "Some of these problems wouldn't have been so bad if we hadn't done so much bond buying"
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