How the Fed got so powerful
Update: 2023-05-03
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Description
How much power does the Fed have? According to Fed Chair Jerome Powell, the limit basically does not exist! New York Times reporter Jeanna Smialek joins the show to talk about her new book Limitless: The Federal Reserve Takes on a New Age of Crisis.
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For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
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