meta_pixel
Tapesearch Logo
Log in
Explain It to Me

Fix recessions by giving people money

Explain It to Me

Vox Media Podcast Network

Education, News, Society & Culture, Politics

4.48K Ratings

🗓️ 31 January 2020

⏱️ 71 minutes

🧾️ Download transcript

Summary

Claudia Sahm from the Washington Center for Equitable Growth joins Matt to explain a surprisingly simple strategy to stabilize the economy. Guest: Claudia Sahm, (@Claudia_Sahm) Director of Macroeconomic Policy, Washington Center for Equitable Growth Host: Matthew Yglesias (@mattyglesias), Senior correspondent, Vox More to explore: Subscribe to Impeachment, Explained on Apple Podcasts, Spotify, Stitcher, Overcast, Pocket Casts, or your favorite podcast app to get stay updated on this story every week. About Vox Vox is a news network that helps you cut through the noise and understand what's really driving the events in the headlines. Follow Us: Vox.com Facebook group: The Weeds Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

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

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Vox Media Podcast Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Vox Media Podcast Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.