WKU expert: Fed takes steps to avoid "run on the bank"

Bowling Green, Ky – The Distinguished Professor of Economics at WKU says one way for people to understand recent Federal Reserve activity is to think about the movie "It's a Wonderful Life." Dr. Brian Goff says the Fed has taken steps recently to assure that financial markets wouldn't experience a "run on the bank." Dr. Goff and WKU Economics Department Chairman Bill Davis spoke to our Dan Modlin about the state of the US economy.