2 ms·
Is it reasonable to conflate the actions taken by the Federal Reserve and the phrase "stimulus package"? I tend to default to not doing it, as "package" has so
by maxerickson 6y ago
Is it reasonable to conflate the actions taken by the Federal Reserve and the phrase "stimulus package"?
I tend to default to not doing it, as "package" has some implication of legislative action, and the Fed is somewhat separated from the rest of government.
Like in your comment, Congress didn't allocate the money the Fed used for asset purchases, the Fed did.