Chapter
Concerns about Quantitative Easing
08:04 - 16:59 (08:54)
The speaker expresses unease about Quantitative Easing, a practice where the Federal Reserve System prints and pumps a ton of money into the economy to keep interest rates low.
Clips
The guest on this podcast episode, a Fed Head, explains his concerns about quantitative easing, a process where The Fed pumps money into the economy to keep interest rates low, and how it can inflate the assets market and drive inequality.
08:04 - 10:58 (02:53)
Summary
The guest on this podcast episode, a Fed Head, explains his concerns about quantitative easing, a process where The Fed pumps money into the economy to keep interest rates low, and how it can inflate the assets market and drive inequality.
ChapterConcerns about Quantitative Easing
EpisodeJon Talks to Thomas Hoenig: Our Economy Is a Delusion
PodcastThe Problem With Jon Stewart
Former Federal Reserve Bank CEO Thomas Honig talks about the consequences of quantitative easing, including inflation, and its impact on the economy.
10:58 - 12:20 (01:22)
Summary
Former Federal Reserve Bank CEO Thomas Honig talks about the consequences of quantitative easing, including inflation, and its impact on the economy.
ChapterConcerns about Quantitative Easing
EpisodeJon Talks to Thomas Hoenig: Our Economy Is a Delusion
PodcastThe Problem With Jon Stewart
The Federal Reserve System has been printing large sums of money and buying large amounts of securities in order to provide liquidity to institutions and keep interest rates low.
12:20 - 16:59 (04:38)
Summary
The Federal Reserve System has been printing large sums of money and buying large amounts of securities in order to provide liquidity to institutions and keep interest rates low. This practice has been ongoing since 2010 and has been used to fund various government spending initiatives as well as pandemic support.