logo
episode-header-image
Aug 2022
31m 46s

SUMMER SCHOOL 7: The Fed & Volcker's Soc...

NPR
About this episode
The Federal Reserve plays a very important role in the economy. When things start to look uncertain, the central bank is tasked with stepping in to restore people's confidence in the economy. But how do they do it? On today's episode we dive deep on monetary policy and the role of the fed. |At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok! | Listen to past seasons of Summer School here.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy
Up next
Yesterday
Summer School 1: A government's role in the economy is to make us all richer
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
35m 46s
Jul 4
The simple math of the big bill
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
32m 12s
Jul 2
A thought experiment on how to fix the national debt problem
There's an economic fantasy you sometimes hear in D.C. It often gets trotted out when politicians are trying to add billions or trillions to the national debt. They claim that all the new spending will be worth it in the end because we will supercharge economic growth. This fanta ... Show More
25m 32s
Recommended Episodes
Jul 2022
Macroeconomics 3: Booms, Busts & Us
Life has its ups and downs. Same for the economy. Today we ask, can the business cycle be tamed? Two stories of recession and techniques for moderating the ferocity of booms and busts. Plus, how bankruptcy is a secret weapon of the American economy. | Subscribe to Planet Money+ i ... Show More
32m 47s
Aug 2022
Why central banks are baffling investors
The Federal Reserve has spent more than a decade buying up government debt as part of a post-2008 program to support the economy, also known as quantitative easing. Now with inflation reaching record highs, those days are over, and a new era of quantitative tightening is emerging ... Show More
17m 38s
May 2023
Lessons Learned While Working at The Fed, Recession Predictions, And How to Win During Challenging Markets | Jake Schurmeier
In this episode of the Millionaire Mindcast, Jake Schurmeier of Harbor Capital Advisors shares his perspective working on how Fed and Treasury work together and affects the economy, the things he learned working in Fed, recession predictions, dollar currency issue, and the key th ... Show More
38m 25s
Dec 2022
Where Things Stand Now With Inflation and the Fed
Last week was a big one. On Tuesday, we got a CPI report that came in substantially cooler than expected. Then on Wednesday, the Fed hiked 50 basis points, which was a step down from the series of 75 basis point hikes that we had been getting at recent meetings. So where do thing ... Show More
49m 37s
Apr 2023
Night School, Class 2: Why high inflation persists
Inflation remains stubbornly high in the US. In this week’s episode of BTM: Night School, US managing editor Peter Spiegel talks to US economics editor Colby Smith about how we got here and what the Federal Reserve can do to tamp down inflation. This series is made in collaborati ... Show More
17m 48s
Apr 2024
What on Earth Does the Federal Reserve Do and How It Impacts My Investments
GTI Sharesight LinkThis week, Sim and Maia delve into the world of financial regulators, exploring the roles of the Federal Reserve, FINRA, and the SEC in a way that’s both engaging and easy to understand. Using creative analogies like school playgrounds and peacekeeping, they br ... Show More
21m 49s
Aug 2023
Hyun Song Shin on the New Financial Stability Risks
At Jackson Hole, the Kansas City Fed's annual gathering for economists and central bankers, there's a lot of focus on the short-term path of monetary policy. But, of course, the Economic Symposium is supposed to be about long-term policy frameworks. And central bankers aren't jus ... Show More
41m 19s