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The John Batchelor Show

#MrMarket: The banks are not solved. Liz Peek, FoxNews, The Hill

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 26 April 2023

⏱️ 14 minutes

🧾️ Download transcript

Summary

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@Batchelorshow
Mohawk River Valley 1813


#MrMarket: The banks are not solved. Liz Peek, FoxNews, The Hill
https://www.msn.com/en-in/money/markets/federal-reserve-to-hike-interest-rate-by-25-bps-next-week/ar-AA1ajz9M


Transcript

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0:00.0

S.O. wants to help you use your car a little less by hoping on your bike a little more,

0:04.5

especially for those shorter trips, like the…

0:07.3

…popping out for a pint of milk trip.

0:09.6

Or the…

0:10.8

…off to pick up the kids' trip.

0:12.4

Or even the…

0:13.7

…bride-a-night, chippy trip.

0:15.8

And to make the swap easier,

0:17.4

every day S.O. is giving away an e-bike and 10,000 nectar points that you could spend on cycling gear.

0:23.0

Could you do a journey differently?

0:24.8

Search S.O. thoughtful driving to find out more.

0:27.6

See terms and conditions at S.O.co.uk.

0:35.4

This is CBS Eye on the World.

0:38.4

Here's John Batchler.

0:41.2

The American Economy, the Global Economy.

0:43.8

They can look the same from 20,000 feet.

0:47.3

And I call upon Liz Peek of the hill economists at Fox News, a columnist,

0:52.9

to talk about both at the same time in terms of the banks, the banks.

0:58.4

We learn from, once upon a time, that bank runs, bank panics don't end all of a sudden.

1:06.0

I've been reading about the panic of 1907.

1:08.5

Before there was a Federal Reserve or European Central Bank or the idea of Central Banking at all,

1:14.8

there was Pierpont, J. Pierpont Morgan.

...

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