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Here's How Rich People Can Help Fix America

economy stocks dow jones
December 14, 2020

Eswar Prasad, SAP

“The Fed is doing the best it can, but its tool ultimately is a very blunt one,” says Eswar Prasad, professor of economics and trade policy. “Even though credit appears a lot cheaper, in difficult economic times access to that credit becomes even more severely limited to those parts of the population and businesses that need it the most.”

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