The Fed's Role
Scott and Russ discuss the role of the Federal Reserve and its effectiveness in both the banking system and macroeconomics. They explore the possibility of the Fed being too cozy with banks and the incompetence that may have led to the Great Depression. Scott also shares his thoughts on the current situation and the potential for incremental progress and lessons learned.In this clip
From this podcast
EconTalk
Scott Sumner on Money and the Fed
Related Questions
Should government intervene in crises as discussed in the episode Scott Sumner on Money and the Fed and the clip Uncertainty in Economic Stimulus?
Should government intervene in crises as discussed in the episode Scott Sumner on Money and the Fed and the clip Uncertainty in Economic Stimulus?
Should government intervene in crises as discussed in the episode Scott Sumner on Money and the Fed and the clip Uncertainty in Economic Stimulus?