Fix recessions by giving people money
Explain It to Me
Vox Media Podcast Network
4.4 • 8K Ratings
🗓️ 31 January 2020
⏱️ 71 minutes
🧾️ Download transcript
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| 0:00.0 | I've been trying to get Claudia Somme on the weeds for a long time to talk about her research |
| 0:06.6 | on what monetary policy could do to prevent recessions. |
| 0:09.9 | It hasn't been possible because for the longest time, she was working on the staff at the |
| 0:14.0 | Federal Reserve Board and they would not let me interview her, but she has a new job now, |
| 0:18.4 | so I was able to book her. |
| 0:19.8 | I was so excited. |
| 0:21.3 | This is not like a topic people are talking about all the time, but it is super-duper, |
| 0:25.4 | super incredibly important. |
| 0:27.0 | The next time there is a recession, you are going to want to know what she has to say. |
| 0:31.0 | Hello, welcome to another episode of the Weeds on the Box Movie on Cast Network. |
| 0:41.3 | I'm Matthew Glacias, my guest today. |
| 0:43.1 | Claudia Somme is the director of macroeconomic policy at the Washington Center for Equitable |
| 0:47.4 | Growth. |
| 0:48.4 | I'm really glad to have you here. |
| 0:49.4 | Yeah, no, I'm excited to be here today. |
| 0:51.4 | I was trying to get you on the show while you were in your previous job at the Federal |
| 0:56.4 | Reserve, but that was not allowed. |
| 0:58.4 | I was not allowed to do podcasts. |
| 1:00.4 | The communications masters. |
| 1:02.4 | Brave New World for me. |
| 1:04.0 | Now we get the truth. |
| 1:05.0 | I really want to talk about your chapter on this is a new idea about how we can stabilize |
... |
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