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Apr 10, 2020

The Fed makes money like magic

Innovation from the likes of Amazon and WeWork to make the COVID-19 workplace function. Wholesale food businesses turn to door-to-door delivery. Where does the Federal Reserve find $2.3 trillion?

The Federal Reserve's lending system is much more like printing money than it is borrowing. — The Federal Reserve's lending system is much more like printing money than it is borrowing.
Eva Hambach/AFP via Getty Images

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Segments From This Episode

Wholesale food businesses ship directly to consumers to meet demand
by Victoria Craig
Isabel Infantes/AFP via Getty Images
With some supermarket shelves empty, food providers turn to door-to-door delivery.
How does the Fed find an extra $2.3 trillion?
by David Brancaccio and Candace Manriquez Wrenn
Karen Bleier/AFP via Getty Images
Turns out it’s much more akin to printing money than it is to borrowing.

Music from the episode

The Team

David Brancaccio Host
Victoria Craig Host, BBC
Stephen Ryan Senior Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Technical Director
Meredith Garretson Morbey Senior Producer
Alex Schroeder Producer
Erika Soderstrom Producer
Rose Conlon Producer
Brian Allison Technical Director