When COVID-19 struck, the Federal Reserve stepped in to try to avert economic crisis. As the country’s central bank continues to pump billions of dollars into the financial system daily, who is benefiting and at what cost?
This journalism is made possible by viewers like you. Support your local PBS station here: http://www.pbs.org/donate.
FRONTLINE investigates “The Power of the Fed” — and how the central bank’s actions have played out over the years on Wall Street versus Main Street — in a gripping new documentary. From the award-winning investigative team behind “Amazon Empire” and “The Facebook Dilemma,” the film traces how an experiment the Fed began after the 2008 crash has been dramatically changing the American economy — exploring criticisms that, while well-intentioned, the Fed’s efforts have contributed to wealth inequality, helped today’s financial world grow far removed from the real-world economy, and prompted fears of growing inflation and an impending crash.
The documentary is supported by The WNET Group’s Chasing the Dream, a public media initiative that examines poverty, justice and economic opportunity in America. The correspondent is James Jacoby. The writers and producers are Anya Bourg and James Jacoby. The co-producer is Megan Robertson. The senior producer is Frank Koughan. The executive producer is Raney Aronson-Rath.
民主党在位，they will try to keep unemployment rate low at the
expense of high inflation since these two goals (low inflation and low unemployment rate) are hard to achieve at the same time; 共和党当政，会反过来，they will try to keep inflation low at the cost of higher unemployment rate, 他们觉得高失业率是公平竞争的自然结果。。。This is the so called "trade off theory".
FRONTLINE PBS | Official FRONTLINE PBS | OfficialWhen COVID-19 struck, the Federal Reserve stepped in to try to avert economic crisis. As the country’s central bank continues to pump billions of dollars into the financial system daily, who is benefiting and at what cost?
This journalism is made possible by viewers like you. Support your local PBS station here: http://www.pbs.org/donate.
FRONTLINE investigates “The Power of the Fed” — and how the central bank’s actions have played out over the years on Wall Street versus Main Street — in a gripping new documentary. From the award-winning investigative team behind “Amazon Empire” and “The Facebook Dilemma,” the film traces how an experiment the Fed began after the 2008 crash has been dramatically changing the American economy — exploring criticisms that, while well-intentioned, the Fed’s efforts have contributed to wealth inequality, helped today’s financial world grow far removed from the real-world economy, and prompted fears of growing inflation and an impending crash.
The documentary is supported by The WNET Group’s Chasing the Dream, a public media initiative that examines poverty, justice and economic opportunity in America. The correspondent is James Jacoby. The writers and producers are Anya Bourg and James Jacoby. The co-producer is Megan Robertson. The senior producer is Frank Koughan. The executive producer is Raney Aronson-Rath.
For more reporting in connection with this investigation, visit FRONTLINE’s website: https://to.pbs.org/3B0YXGX #Documentary #FederalReserve #Wall Street
the President. 谢谢盈盈分享！
等我晚上看，再comment. 看他们说得在不在理，还是有政治倾向 ~~
我在商学院选过课。Finance方面的基础课。
that has a printing press in the basement, and there is no limit to how much it can use it." :)
"gold" to back the economy”...
Good to be busy,
busy living, busy reflecting ~
expense of high inflation since these two goals (low inflation and low unemployment rate) are hard to achieve at the same time; 共和党当政，会反过来，they will try to keep inflation low at the cost of higher unemployment rate, 他们觉得高失业率是公平竞争的自然结果。。。This is the so called "trade off theory".
现在这些都是短期的，看了一下指标，经济萧条机率目前还是低的
是正常的，研究表明，我们只能记住20%学到的东西，但是，学习不是没用，多年后，我们知道去哪里找答案，
analytical skills 提高了 ：）
太同意啦！