Peter Stella on Fed Losses, Backdoor Fiscal Stimulus and Credit Easing
Macro Hive Conversations With Bilal Hafeez
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The Role of the Fed in the Global Financial Crisis
The IMF's chief economist has written a lot about monetary policy since the global financial crisis. Galasse: I think what the Fed did was, you know, very appropriate under the circumstances it was under. He says Ben Bernanke never used the term quantitative easing while he was at the Fed. The Basel Committee and the Financial Stability Board have been working to improve regulation of central banks.
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