The Fed Opening the Flood Gates

Apr 14, 2020 • Duration: 00:29:24 • Topic: Economics, Finance, Investing, QE, Pedro da Costa, Thomas Hoening, Trading, Interview, Cryptocurrencies, The Fed, Quantitative Easing, Monetary Policy, Real Vision, Central Banks

Dr. Thomas Hoenig, distinguished senior fellow at George Mason University's Mercatus Center, joins Pedro da Costa, columnist at MarketWatch and Forbes, to discuss Dr. Hoenig's experience as former chief executive of the Kansas City Fed and former vice chairman of the Federal Deposit Insurance Corporation (FDIC). Drawing upon his experience as a voting member of the Federal Open Market Committee, the Fed's principal organ for making large asset purchases, Dr. Hoenig discusses the current extreme measures that the Fed is taking in order to support asset prices during this unparalleled exogenous shock that the quarantine has inflicted on markets. They explore how large the Fed’s balance sheet could get and what a sustained zero-interest policy will mean for investors, workers, and employers. Filmed on April 8, 2020.

Guest Name

Dr. Thomas Hoenig and Pedro da Costa

Anchor Name

Pedro da Costa

Keywords Name

Economics, Finance, Investing, QE, Pedro da Costa, Thomas Hoening, Trading, Interview, Cryptocurrencies, The Fed, Quantitative Easing, Monetary Policy, Real Vision, Central Banks

Show Name

The Interview