Extraordinary measures

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In response to the recession of 2008, the US Federal Reserve Bank made several efforts to increase banks excess reserves, decrease interest rates for lending, and increase lending. These "extraordinary measures" have been somewhat controversial (at least among American politicians).

In your discussion post, identify some of the effects of these efforts and/or some of their potential future impacts. Also, provide citations if you are presenting data in your post.

In your response posts suggest why the effects identified in the posts to which you are responding are good or bad for the country or specific groups within the country.

Reference no: EM13976364

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