US Monetary Policy In Response to the Coronavirus Pandemic
US Monetary Policy In Response to the Coronavirus Pandemic By Mo Fakhro The Federal Reserve acted quickly and effectively to reduce the negative economic impact of the coronavirus pandemic, and helped to alleviate a great deal of financial suffering. It did this through a combination of lowering the federal funds rate (the rate at which..
read more →An American Sneeze; A Chinese Cough
An American Sneeze; A Chinese Cough By Mo Fakhro How can we prepare for the next global economic crisis? Where will it come from? How will we emerge from it? The financial crisis of 2008, was a lesson for the world about the risks of providing too much liquidity to the system, and the risks..
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Blog: Food for Thought
By Mo Fakhro The coronavirus pandemic has created a great deal of hardship for people across the world. The primary negative effect has been on the people who have been directly impacted by the virus. This includes the millions of people who have been infected, those who have become seriously ill, those who have died,..
read more →Article: What Drives Innovation
By Mo Fakhro Throughout history, the primary driver of economic growth has been innovation. From the invention of the wheel, to the invention of the airplane, to the invention of the personal computer, innovation has been a key contributor to economic growth. The fundamental reason for this in my view, is that the net result..
read more →Hello world!
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