Part 1. Watch Video:https://www.pbs.org/wgbh/frontline/film/untouchables/ 1. What did you learn that you previously did not know about the crash of 2008? 2. how did the policy of de-regulation era of the 1980s start the process along? 3. Do you think that the Big Banks and the Wall Street should be held accountable for the financial crash of 2008? —————————————————————————————————————- Part 2. You have just been named as the head of the Federal Reserve Bank’s board of governors. The economy is sluggish: high unemployment and low manufacturing output. Identify and briefly explain how you would use each of the three monetary tools available to you in an attempt to stabilize a faltering economy.
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