How are moving companies faring with high mortgage rates?
The Indicator from Planet Money
NPR
4.7 • 9.5K Ratings
🗓️ 14 March 2024
⏱️ 11 minutes
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| 0:00.0 | NPR. |
| 0:03.0 | So Robert, |
| 0:05.0 | So Robert, I was... |
| 0:10.0 | So Robert, I was watching the Oscars this week and I was thinking that maybe we need a little bit more |
| 0:19.0 | glitz and glamour in our award show. |
| 0:22.0 | I know right? Like our awards show is for the best writing in an obscure government |
| 0:26.7 | document called the beige book and the word beige just doesn't have the |
| 0:30.8 | pizzazz of that golden Academy Award. |
| 0:35.0 | But you know, Whelan, the Baysh book was, once upon a time, a little more sexy. |
| 0:41.0 | Ooh, are you talking about a scandalous past? |
| 0:44.4 | I am. |
| 0:45.4 | In the 1970s, the Beige book was a secret document published inside the Federal Reserve |
| 0:51.1 | for Fed Eyes only. And get this, the cover of it was red. They called it the red book. |
| 0:59.1 | Whoo, sounds too hot to handle. Too hot it turns out for everyone because when they decided to release this |
| 1:05.1 | document to the public they didn't want that bright flashy red cover to give |
| 1:09.2 | everyone the wrong idea so they slapped on a tan cover, which now that I think about it, even that sounds |
| 1:15.4 | too risque, tan. |
| 1:17.4 | So it is now... |
| 1:18.4 | Well, you didn't say flesh-colored. |
| 1:20.3 | Oh, that's good. |
| 1:21.3 | Nude colored. |
| 1:29.0 | No, no, no, no, it shall now and forever be known as the beige book. Okay, that's nice and anodyne, but is it still filled with red-hot economic anecdotes inside? |
... |
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