U.S. GDP 2020: Imapct of Stimulus, Quantitative Easing, COVID Pandemic
The U.S. FED’s balance sheet has hit a record level of $7.18 trillion. Alex discusses how the FED’s technically unlimited balance sheet and quantitative easing have impacted GDP in the United States.
This is an excerpt from episode 121 of Winner Take All. Watch the full episode here:
Originally Aired: 10/22/20
Second-quarter GDP plunged by worst-ever 32.9% amid virus-induced shutdown: www.cnbc.com/2020/07/30/us-gdp-q2-2020-first-reading.html
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