• The Federal Reserve's plan to combat recessions rarely works and often benefits the already-rich - here's why

    7 days ago - By Business Insider

    The US Federal Reserve building in Washington, DC. Getty Images
    Paul Constant is a writer at Civic Ventures and the cohost of the " Pitchfork Economics " podcast.
    He spoke with author Christopher Leonard about the role of the Federal Reserve in recessions.
    Leonard says the Fed should put money into Americans' hands, not Wall Street, to boost the economy.
    In 2008, when the real-estate bubble burst and the whole world staggered on the precipice of total economic disaster, the Federal Reserve leapt into action to try to save the economy. The planet's most powerful people - world leaders, the...
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