VoxEU Webcast
Covid-19: Propping up failures
In the US around 1,600 firms go out of business in a normal day. James Bullard, Federal Reserve Bank of St. Louis, thinks there is little chance of businesses that were about to go under before the pandemic being shored up by the measures being taken to protect the US economy. His view is that whatever economy we had on February 1st, we want that economy on the other side of the pandemic
