Age of Easy Money explores the Federal Reserve's decades-long reliance on low interest rates and quantitative easing, revealing how these policies fueled financial risk-taking, widened wealth inequality, and contributed to inflation. The documentary examines the Fed's sudden shift to aggressive rate hikes and the resulting economic uncertainty.
Watch this documentary to learn about:
The Federal Reserve's response to the 2008 crisis
How low interest rates fueled financial risk-taking
The impact of "easy money" on wealth inequality
Why inflation surged after prolonged loose policies
The Fed's rapid rate hikes to combat inflation
Ongoing economic risks tied to tightening policies
Age of Easy Money explores the Federal Reserve's decades-long reliance on low interest rates and quantitative easing, revealing how these policies fueled financial risk-taking, widened wealth inequality, and contributed to inflation. The documentary examines the Fed's sudden shift to aggressive rate hikes and the resulting economic uncertainty.
Age of Easy Money
James Jacoby, the correspondent for PBS Frontline's Age of Easy Money, is an Emmy- and Peabody Award-winning investigative journalist known for his in-depth reporting on economic and financial issues.
Documentary Key Points:
Federal Reserve's Policy: The Fed used low interest rates and quantitative easing to stimulate the economy after the 2008 crisis.
Unintended Consequences: Prolonged low rates fueled risky investments and widened wealth inequality.
Policy Shift: Rising inflation forced the Fed to aggressively raise interest rates, adding financial uncertainty.
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