Hooper: Brexit a Crisis to Be Dealt With by Fiscal Policy

The video discusses the impact of economic uncertainty on the British economy, highlighting potential recession risks and the role of central banks like the Bank of England and the Federal Reserve. It questions the effectiveness of central banks' tools and emphasizes the need for fiscal policy to address potential economic crises, especially in the context of Brexit.

What is the significance of the Fed's stance on international economic issues?

What role do fiscal policies play in addressing potential economic crises?