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Planet Money

Happy Fed Independence Day (Update)

Planet Money

NPR

Business, News

4.6 β€’ 29.8K Ratings

πŸ—“οΈ 3 March 2021

⏱️ 22 minutes

🧾️ Download transcript

Summary

The story of the day the Federal Reserve got its independence and the fight β€” an actual physical fight β€” to keep it. | Subscribe to our weekly newsletter here.

Transcript

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0:00.0

This is Planet Money from NPR.

0:04.0

Just a quick announcement for this episode starts.

0:10.0

As you may know, we just finished a three-part series finding and designing a super hero.

0:15.0

Wait, wait, wait!

0:16.0

Oh, podcast host!

0:17.0

It's Planet Money's new official superhero, Microface.

0:22.0

I am here to say that I am now on Twitter!

0:26.0

Well, that is big news.

0:28.0

You are at Microface.

0:30.0

At Microface!

0:32.0

That's one word, no hyphen.

0:35.0

It's going to take us a few months to make our comic book and report on the next phase of our superhero series.

0:40.0

But if you want updates, you've got to follow.

0:43.0

At Microface!

0:46.0

Okay, here is today's show.

0:51.0

Two years ago, we at Planet Money invented a brand new holiday.

0:55.0

Fed Independence Day.

0:58.0

We did a whole episode about its importance.

1:00.0

We asked you to celebrate this new holiday.

1:03.0

And then last year, we completely forgot about it.

1:06.0

We do apologize and thank you to those who tweeted at us.

1:10.0

However, we cannot forget this year because this very week marks the 70th anniversary,

...

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