The bank war (Classic)

What people might picture when they think of "Made in America" ... might not look like the "Made in America" we have today.The U.S. does have a domestic manufacturing industry, including a garment manufacturing industry. In today's episode: We buy a garment made by factory worker ... Show More

Government. The Big G. We like to imagine the free market and the invisible hand as being independent from political influence. But Nobel laureate, Simon Johnson, says that influence has been there since the birth of economics. Call it political economy. Call it government and bu ... Show More

If we think about the economic effects of President Donald Trumps big taxing and spending and domestic policy bill, we can roughly sum it up in one line. It goes something like this: We will make many big tax cuts permanent and pay for those tax cuts by cutting Medicaid and a few ... Show More

In March 2023 Silicon Valley Bank collapsed. It was the second largest banking failure in US history. The regulator, the FDIC, fired the management team and brought in a new person to run the institution while a buyer was found.As the former CEO of Fannie Mae, Tim Mayopoulus has ... Show More

Over the weekend, at the age of 92, one of the giants of American economic policy and former head of the US central bank Paul Volcker, died at his home in New York. He was perhaps best known for his dramatic hiking of interest rates in the early eighties to fight inflation. We ex ... Show More

When Andrew Johnson became president in 1865, the United States was in the midst of one of its most volatile chapters. The country was divided after fighting a bloody civil war and had just experienced the first presidential assassination. We look at how these factors led to the ... Show More

Eleven US major private banks have confirmed they have launched a thirty-billion-dollar rescue package for First Republic Bank. And what about those who never use banks at all? We hear about the challenges for the billions of unbanked people and businesses around the world. Prote ... Show More

The Freedman’s Bank was established in 1865 after the abolition of slavery and the Civil War. The Bank was designed to help newly freed African-Americans in their quest to become financially stable. At its peak, it stretched across huge swathes of America. But what began with hug ... Show More

In 1971, inflation was a huge problem in the USA so the President, Richard Nixon, made one of the most drastic moves in economic history: abandoning the Gold Standard. It became known as the 'Nixon Shock' and nearly caused a trade war between America and its allies. But, it also ... Show More

Why do so many people feel that the financial system is rigged against the average person, that the system is built to benefit the elite at the expense of the average person? In this podcast Maya has a frank discussion with David Buckham, founder and CEO of Monocle Solutions and ... Show More

The central bank in Moscow prepares to hold a special meeting as the currency falls sharply against the US dollar. Also: The US, UN and West African leaders condemn threats by Niger's coup leaders to prosecute the ousted president. And 200 people follow in the footsteps of Charle ... Show More