Description
In this episode, we focus on Quantitative Easing (QE). We discuss what exactly happens when the Federal Reserve engages in QE and what it really does do to the economy.
- What are the mechanics of QE?
- Why does the FED do QE? What is the theory?
- Does QE work as advertised?
- What are the consequences of QE for economic activity, financial markets, and inequality?
Link to the article discussed in this episode
https://www.stlouisfed.org/publications/regional-economist/third-quarter-2017/quantitative-easing-how-well-does-this-tool-work#one
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