Hello and welcome to the trillion dollar triage episode of Slate Money, your guide to the business and finance news of

Oh my God, what a week this has been. I am Felix

Haman of Axios I'm here with Emily Peck of Axios.

Hello and we are joined this week by the perfect guest for this week. If you are going to listen to one money

podcast in a week where war broke out in Europe. It should be this one because we have with us Nick Timeros from the Wall Street Journal.

Welcome Nick.

Thanks for having me Felix and Emily.

Nick, introduce yourself. You have a book out.

Yes, I cover the Federal Reserve for the Wall Street Journal and I've written trillion dollar

triage, which is a book about how the Fed and really Congress and the US government responded decisively to the

economic shock of March 2020 to prevent a second Great Depression.

I remember the Committee to Save the World.

What was that, like 1998, something like that?

And now we have it all over again with Janet Yellen, Steve Manuchin,

and of course Jay Powell, the hero of your book we're going to talk about the book

we're going to talk about inflation how bad it is we're going to talk about how

the Fed deals with it what the Fed's going to do how it's going to talk about how the Fed deals with it, what the Fed's going to do, how it's going to do it.

But mostly, of course, we have to talk about Russia invading Ukraine and all of the

implications of that. We even have a Slate Plus segment on the money markets which

managed to seize up in 2020, much as they did in 2008. There's a lot of nerding out about

monetary policy here, but trust me, it's a lot of nerding out about monetary policy here, but trust me it's a good one stay tuned

It's all coming up on slate money

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