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Disaster. Monetary policy works through emulating aggregate demand and that is important now. Ultimately, there is a job to replace lost income. Our congress stepped in and there has not been a faster or stronger response from congress to an economic emergency since the great depression. The cares act and other laws have been passed to more than offset lost income in the aggregate. There will be people for whom that is not true. You see high levels of savings on the Balance Sheets of households. Not experienced the downward cases we were worried about of mass insolvencies of businesses so far. So far, so good, i would say. There are no full recoveries without confidence. Do, which ipart to think we have done. The path forward will be challenging for a number of reasons, and i am sure we will get into some of them. Congresso do more and might need to do more with fiscal policy. The particulars of that are up to congress and not up ....
That was very cool. All right. Thank you so much for joining me today. Amphoteric a whitfield, the cnn newsroom with jessica dean starts right now your ms cnn newsroom, im Jessica Dean In Washington and we begin with Breaking News Police at the University Of Virginia. I just broke up a propalestinian encampment after declaring it and Unlawful Assembly seen as his full sandovals joining us now, what well, whats the latest on this . So just go over witnessing right now play out in charlottesville, virginia on the University Of Virginia campus is really just the latest example of tensions rising on American University ....
We have some treats for everyone and cake as well. Thank you very much. [applause] thank you very much. And now on booktv, Jeffrey Sachs director of the Earth Institute at Columbia University puts forward a Sustainable Development plan to address global poverty, political corruption and environmental decay. [inaudible conversations] good afternoon everybody. And to those of you who have struggled here on a freezing day, congratulations. To those smart ones who are watching on line well done. And Jeffrey Sachs is wellknown to us a very good friend of the multilateral system and of the goals that we all share for development. I want to read you what bill gates said about jeff. Sachs could have had a ....
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