Lesson 9: Recovery, Fiscal Policy and Senate Hearing Preparations
September 28, 2017
Review:
- Monetary Policy
- Deregulation
- Housing Market Collapse
Presentation:
- Watch Warren Buffett interview with Charlie Rose
- Economic Recovery [@ 06:30]
- Housing Recovery [@ 07:00]
- Fiscal Policy [@ 10:00]
- Buffett Rule (Higher tax on income over $1M) [@14:00]
- Financial Reform Advisory Group
- Federal Reserve
- Wall Street/Big Banks
- Commodity Futures Trading Commission
- Congress
- Judicial Branch
- Executive Branch
Assignment:
- Watch one or more of the following 3 videos
- Inside Job
- Too Big to Fail
- The Big Short
- Prepare for discussion/debate on these question:
- How do derivatives work?
- What role did derivatives play in the 2008 Housing Crisis?
- How should derivatives be regulated, if at all?