Has the Fed Created a Different Kind of Crisis?

The transcript discusses the Federal Reserve's actions post-2008 financial crisis, focusing on its aggressive monetary policies like zero interest rates and quantitative easing. It examines the unintended consequences, such as wealth inequality and market complacency, while analyzing earnings growth and potential asset bubbles. The Fed's challenges with income inequality and inflation are highlighted, along with its strategy for a sustainable economic recovery.

In what ways does the Federal Reserve's approach to inflation and wages reflect its limitations?

What risks does the Federal Reserve face if it withdraws its monetary support too quickly?