2min chapter

The FRONTLINE Dispatch cover image

Age of Easy Money (Full-length Film Audio Track)

The FRONTLINE Dispatch

CHAPTER

The Fed's $6.2 Trillion CARES Act Delivers the Largest Economic Stimulus Ever

The $2.2 trillion CARES Act was aimed not just at Wall Street but directly at individuals and small businesses as well. Part of the money would go to the Fed, which announced a new range of loan programs worth trillions. For the first time, it began buying up corporate debt.

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