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Tag: Ben Bernanke

Capital and Risk, Macroeconomic

Fed is now effectively the ‘lender of last resort’ to Main Street not just Wall Street

March 23, 2020

Via: Market Watch

During the 2008 financial crisis, the Federal Reserve was stung by criticism that its lending programs to get credit flowing in the economy benefitted Wall Street not Main Street. Former Fed Chairman Ben Bernanke, in an unprecedented effort to counter […]