Age of Easy Money (full documentary) | FRONTLINE

High inflation. Fear of recession. Disruptions, like the collapse of Silicon Valley Bank. How did the U.S. economy get here? A two-hour documentary special traces the road to this moment, and the role of the Federal Reserve, the country’s central bank. This journalism is made possible by viewers like you. Support your local PBS station here: ​. FRONTLINE investigates the Fed’s epic economic experiment to revive the U.S. economy with what has been called an “easy money” policy and the far-reaching and sometimes unintended consequences. “If we hadn’t been driving our economy for 14 years with easy money and then tried to really quickly undo that now, we wouldn’t be having these problems,” former top banking regulator Sheila Bair said in the documentary. From the 2008 recession, to the COVID pandemic, to the rise in inflation, to the current economic uncertainty, “Age of Easy Money” charts the American economy’s tumultuous course, the fragility