Reconsider

Today, the Fed spends money buying bonds and setting interest rates to stimulate the economy. Econ Prof. Lawrence Marsh shares a radically different way of using the Fed: putting money directly into Americans' bank accounts. He argues the Fed needs to move from supply-side to demand-side stimulation in order to not only ease inequality but also lead to a much more efficient economy. Support this show http://supporter.acast.com/reconsiderpodcast.  See acast.com/privacy for privacy and opt-out information.