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Preview: Season 2023 Episode 4 | 31s | Video has closed captioning.
The role of the Federal Reserve’s “easy money” policies in the current economic uncertainty. From the Great Recession to the rise in inflation, FRONTLINE examines the ongoing fragility of the financial system and the widening gap between Wall St. and Main St.
Aired: 03/14/23
>> Economic alarms are blaring... >> The Fed is trying to stop inflation... >> To those who point to the FED and say, you ran it too hot, you say what?
>> With the benefit of hindsight, I wish we had tightened sooner.
>> While higher interest rates will bring down inflation, they will also bring some pain to households... >> We'’re now heading into what will be a new economic era... >> It really is difficult to overstate how important this story is and how much it matters.
Transparency Project
To produce our documentary "Putin and the Presidents," the FRONTLINE team interviewed current and former U.S. government officials and policy experts, as well as American and Russian journalists who have covered U.S.-Russia relations for decades. These interviews can be explored in video and text at the link.
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