3.6 The Global Financial Crisis

Season 3, Episode 6

The worst economic recession in 80 years and central bank’s most dramatic show of lender of last resort force. To fight the Global Financial Crisis the Federal Reserve took its lender of last resort powers to the next level.

Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts.

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Transcript with full list of sources available here