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Monetary expansion in the face of recession has been the feds policy since 2008. Not only is Biden not the one who decided to expand the monetary base/keep inte
by colinmhayes 5y ago
Monetary expansion in the face of recession has been the feds policy since 2008. Not only is Biden not the one who decided to expand the monetary base/keep interest rates low, even if he had decided that it would’ve been in line with the last 2 presidents.
- koolba 5y agoI’m referring to fiscal stimulus, not monetary policy. The Fed keeping rates so low for so long is a separate (but clearly related).