This is really an extraordinary move by the Treasury. Why dump $270 billion in a single day if not to massively manipulate/drive markets?
Insights for Navigating an Uncertain World
This is really an extraordinary move by the Treasury. Why dump $270 billion in a single day if not to massively manipulate/drive markets?
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts