Central Banks’ Pandemic Battle Could Stretch Into an Infinity War
Fed Chair Powell: “We’re still putting out the fire. We’re still trying to win. And I think we’ll be at that for a while. We won’t run out of money.”
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In the last six weeks, the Fed has added $2.26T. That’s the same as Britain’s GDP. And Goldman Sachs says the U.S. is on track to run deficits of $6T over the next two years. That’s more than the GDPs of Germany or Japan.