When COVID-19 struck, the Federal Reserve stepped in to attempt to avert financial disaster. Because the nation’s central financial institution continues to pump billions of {dollars} into the monetary system each day, who’s benefiting and at what price?
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FRONTLINE investigates “The Energy of the Fed” — and the way the central financial institution’s actions have performed out through the years on Wall Avenue versus Foremost Avenue — in a gripping new documentary.
From the award-winning investigative workforce behind “Amazon Empire” and “The Fb Dilemma,” the movie traces how an experiment the Fed started after the 2008 crash has been dramatically altering the American economic system — exploring criticisms that, whereas well-intentioned, the Fed’s efforts have contributed to wealth inequality, helped at present’s monetary world develop far faraway from the real-world economic system, and prompted fears of rising inflation and an impending crash.
The documentary is supported by The WNET Group’s Chasing the Dream, a public media initiative that examines poverty, justice and financial alternative in America.
The correspondent is James Jacoby. The writers and producers are Anya Bourg and James Jacoby. The co-producer is Megan Robertson. The senior producer is Frank Koughan. The manager producer is Raney Aronson-Rath.
For extra reporting in reference to this investigation, go to FRONTLINE’s web site:
https://to.pbs.org/3B0YXGX
#Documentary #FederalReserve #Wall Avenue
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FRONTLINE is produced at GBH in Boston and is broadcast nationwide on PBS. Funding for FRONTLINE is supplied by way of the assist of PBS viewers and by the Company for Public Broadcasting. Main funding for FRONTLINE is supplied by the Ford Basis. Further funding is supplied by the Abrams Basis; the John D. and Catherine T. MacArthur Basis; Park Basis; and the FRONTLINE Journalism Fund with main assist from Jon and Jo Ann Hagler on behalf of the Jon L. Hagler Basis. Assist for “The Energy of the Fed” is supplied by The WNET Group’s “Chasing the Dream,” a public media initiative that examines poverty, justice, and financial alternative in America, with main funding by The JPB Basis and extra funding from The Peter G. Peterson and Joan Ganz Cooney Fund.
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