Ranging from current sluggers to past players, the market for baseball cards has created prices that are below $2 and more than $3 million.
Although quantitative easing flooded the banking system with trillions of dollars, we are still debating how much it lifted the economy.
In the 2009 transcripts, Federal Reserve humor brings smiles and memories of the dire condition of finance, housing and the GDP.
When the Federal Reserve’s three basic monetary policy tools did not work, it created quantitative easing to up economic growth and decrease unemployment.
Below, just a reminder of one piece of the Great Recession before looking at the Fed transcripts. Lehman Brothers is the orange line. With a typical 5-year lag, the transcripts of the 2008 Federal Open Market Committee (FOMC) meetings…