discussion board 3 money and banking

Monetary Policy: Quantitative Easing and Conventional Policy

Here is another question that is very relevant to this class. How does monetary policy work under normal circumstances? After the 2007-2008 subprime crisis, the Federal Reserve implemented Quantitative Easing or Large Scale Asset Purchases. How does the Fed go about doing unconventional policy in non-normal times?

PS: this is the final discussion question.

You will need about 500 words (approximately) to answer this question. You must provide references.

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