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Age of Easy Money (Full-length Film Audio Track)
The FRONTLINE Dispatch
The Fed's Safety Net and the Stock Market
The best quarter for the Dow in 33 years had surged 17 percent. Even after the initial emergency passed, the Fed was pumping $120 billion a month into the economy through quantitative easing on an indefinite basis. The extraordinary measures of 2010 literally become the daily operating procedure of 2020.
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