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Classical Stuff You Should Know

232: The Fed

Classical Stuff You Should Know

A.J. Hanenburg

Christianity, Education, Books, Religion & Spirituality, Arts

4.5696 Ratings

🗓️ 30 May 2023

⏱️ 51 minutes

🧾️ Download transcript

Summary

Graeme explains why the central bank is generally not a scary thing via the historical Knickerbocker Panic. I always thought that's what it's called when you realized you don't have any clean pants for work. Apparently not (Badum-tisssssss).

Transcript

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0:00.0

Hey

0:09.0

And welcome to classical stuff you should know

0:13.0

This is

0:14.0

I don't know

0:15.0

Took me a second to get going

0:16.0

Change it up

0:17.0

Change it up

0:18.0

And welcome to classical stuff you should know

0:20.0

We're a podcast.

0:23.3

Sometimes I think Thomas laughs like a puppet.

0:25.8

I do look like a puppet.

0:27.7

Like that?

0:28.6

Puppet laugh.

0:29.3

Yeah.

0:30.1

We're a podcast about the classical world.

0:32.7

What is happening?

0:33.6

I don't know.

0:34.1

We talk about old books, philosophy and things and stuff, and we're happy you're

0:39.2

here. My name is A.J. Hindenberg. I'm joined by Thomas Magby. Hello. And Graham Donaldson.

0:43.5

Hello. And before I did that scintillating open, I asked Graham what the topic of today's podcast was

0:49.5

and what flowed forth was perhaps the most boring combination of words that I could ever imagine

0:55.0

was we are going to talk about banks in the 1920s and my eyes, 1910s.

...

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