What is the Fed NOT doing in the Covid situation currently ? It is actively taking part in the recovery process Selling Treasury bonds to have more money in their balance sheet as Assets Increased lending to other financial institutions Buying Treasury Bonds to increase liquidity What is the difference between what the Fed did during the 2008 Crisis and during the Covid Crisis? The Fed was active during the 2008 crisis because it was a financial market problem but not now since it is a health problem . Unlimited Quantitative casing and loans given out , which was not the case during the 2008 Crisis. The Fed was not active during the 2008 crisis because it was a financial market problem but now it is since it is a health problem. There is no difference as to how the Fed behaved during both the crisis