Examine the steps taken to address the recession of 2007-2009, discuss how the Great Depression motivated the Fed’s response and the long-term impact of these initiatives.
In the paper,
Explain some of the complications for those parties involved in fighting the recession of 2007-2009.
Evaluate how the lessons of the Great Depression helped shape the Fed’s response to the financial crisis of 2007-2009. Include at least three examples in your evaluation.
Describe those initiatives that may have unintended negative consequences in the long run for the financial system.
Explain how regulators and politicians can mitigate those negative consequence