How is the Great Recession similar to our current economic downturn? How is it different? *

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asked Aug 18, 2021 5.7k views

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Headmyshoulder · Answer 1 · 2021-08-24T02:38:08+0000

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he Great Recession is very similar in origin, but the policy response was different from the Fed. Most modern day central banks have fiat currencies as opposed to currencies backed by precious metals

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How is the Great Recession similar to our current economic downturn? How is it different? *

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