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The Stacking Benjamins Show

Economics 101: A Study of Janet Yellen's Career (with Jon Hilsenrath)

The Stacking Benjamins Show

Joe Saul-Sehy | Cumulus Podcast Network

Investing, Business, Self-improvement, Education

4.21.9K Ratings

🗓️ 17 April 2023

⏱️ 71 minutes

🧾️ Download transcript

Summary

We are thrilled to welcome award-winning journalist, senior editor at The Wall Street Journal, expert on the Federal Reserve, and author of the bestselling book about Janet Yellen Jon Hilsenrath to the basement. In addition to an economics masterclass, he shares with us insights into the current Treasury Secretary and former Federal Reserve Chair - and what makes her tick. Also, we dive into an infuriating headline about 70,000 people who can't access their retirement savings while legal proceedings are ongoing. We throw out the Haven Lifeline to Burton who wants to know where to allocate additional savings. And Doug tops things off with his Fed-related trivia. FULL SHOW NOTES: https://www.stackingbenjamins.com/Jon-Hilsenrath-1344 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at StackingBenjamins.com/201. Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Did you know that Discover is more than a credit card with Discover's online savings account?

0:04.4

You can earn five times more interest than the national savings average five times.

0:09.1

There's no monthly fees, no minimum deposit, no monthly balance requirements.

0:12.9

It's FDIC insured up to the maximum allowed by law. Learn more at Discover.com and start saving

0:18.8

with confidence today. Discover Bank member FDIC. It's a Monday in America. That means people are

0:27.1

hearing this and they're thinking, Joe, it's time to salute the troops. And do you I say,

0:31.8

yes, you're on to us. This game we've been playing every Monday. You're finally with it.

0:36.9

So Gents, raise your glass because we do have to salute the troops. Don't we?

0:41.4

I got some water today. I got nothing. You got nothing. Raise your empty hand to pretend

0:48.6

for the studio audience, for the, uh, catch which trout mug this is that I'm pretending to hold.

0:55.5

That's the fish this big mug the fish this big. This is the exact pattern that's on all of the

1:02.1

scales of the fish I catch. Raise your glass to the men and women serving us again this weekend

1:10.8

and heck weekdays all year long are US military. I'm behalf of the men and women making

1:18.4

podcast and mom's basement and the men and women serving the military Navy Federal credit union.

1:24.4

Big salute to our troops. Let's go stack some Benjamin's now. Cheers.

1:31.9

Can you fly this plane and land it? Surely you can't be serious.

1:36.4

I am serious and don't call me Shirley.

1:44.4

Live from Joe's mom's basement. It's the stacking Benjamin's show.

1:54.1

I'm Joe's mom's neighbor, Doug, and how much do you know about economics? I know that when

2:03.6

money leaves my pocket, it disappears. So let's learn together through the lens of Wall Street

2:08.6

General Reporter and Pulitzer Prize finalist, John Hills en Raff. Is it Pulitzer? Anyway, for our

2:16.4

TikTok Minute, what's the history of a 401k? One video explains. And in the headlines,

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