Tom Spencer
MAY 2, 2020
Since the start of February this year, the Fed has expanded its balance sheet by more than $2.4 To put that in context, the Fed was created in 1913, and its total balance sheet assets only reached $2.4 trillion towards the end of 2010. What does Fed balance sheet expansion mean for the US economy?
Harvard Business
APRIL 26, 2017
American firms alone laid off more than 8 million workers from the end of 2008 to the middle of 2010. Many of these effects may have long-term consequences, like reduced innovation, that are not captured in short-term financial metrics. During the Great Recession of 2008, companies around the world downsized their workforces.
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