l*******m
发帖数: 1096 | 1 21st Century Monetary Policy - The Federal Reserve from the Great Inflation
to COVID-19
老贼已经开始巡回演讲捞金了。看来前半年的确没戏了 | m******c
发帖数: 1202 | 2 Programs like large-scale securities purchases and a new policy framework
remain a source of confusion for investors, journalists, and ordinary
citizens alike.
Twenty-First Century Monetary Policy demystifies these opaque techniques to
reveal how economic ideas, historical events, and political forces have
transformed the Fed’s policies over several decades. From the stagflation
of the 1970s to the Great Recession and the recent pandemic, Ben S. Bernanke
masterfully examines how the Fed’s policies―and the institution itself―
may change as it grapples with persistently low interest rates, systemic
financial risk, rapid technological change, and polarized politics.
Great Recession
Economic depression
DescriptionThe Great Recession was a period of marked general decline
observed in national economies globally that occurred between 2007 and 2009.
The scale and timing of the recession varied from country to country.
Wikipedia
Time period: December 2007 – June 2009
Duration (months): 18
Global GDP decline: -5.1%
Peak global unemployment: 10% (Oct 2009)
Previous instance: Early 2000s recession |
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