|PROBLEMS OF MODERN ECONOMICS, N 4 (80), 2021|
|FINANCE AND CREDIT SYSTEM: BUDGET, CURRENCY AND CREDIT REGULATION OF ECONOMY, INVESTMENT RESOURCES|
|Sokolov B. I.|
Chair of Credit Theory and Financial Management, Department of Economics, St. Petersburg State University, PhD (Economics), Professor
Sokolova S. V.
Professor, Chair of Management and Planning of Socio-Economic Processes, Department of Economics, St. Petersburg State University, PhD (Economics), Professor
Nikolaev V. O.
BA student, Department of Economics, St. Petersburg State University
|The article analyzes consequences called forth by the policy of the US Federal Reserve System during the COVID-19 pandemic and summarizes methods used by the US Central Bank to support financial stability in the society. The authors evaluate the role of the “helicopter money” injection into economy and presents a forecast of the problems that the US Federal Reserve System might face in the long-term perspective.|
|Key words: global credit-and-finance pyramid, US Federal Reserve System, COVID-19 pandemic, monetary aggregates, inflation, employment|
| Pages: 100 - 108|