The Great Depression and Money Printers of Today

The Great Depression and Money Printers of Today

The Franklin Delano Roosevelt Memorial in Washington. Mary O’Sullivan, Professor of Economic History, Université de Genève.
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At the start of the COVID-19 pandemic in March 2020, US Federal Reserve System governor Jerome Powell made an extraordinary declaration: “We’re not going to run out of ammunition.” The central bank stood ready to take any action
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