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Explain It to Me

The Federal Reserve: Climate Change edition

Explain It to Me

Vox Media Podcast Network

Education, Politics, News, Society & Culture

4.47.9K Ratings

🗓️ 7 September 2021

⏱️ 58 minutes

🧾️ Download transcript

Summary

Vox's Dylan Matthews joins Matt and Jerusalem to talk about whether the Federal Reserve can use monetary policy to fight climate change and how the ideal Fed Chair may not exist. Plus, a new study about the effectiveness of masking against Covid-19 reignites the debate on public health messaging around the pandemic. Also, Matt wants experts to stay in their lanes. Resources: “Will Biden Make a Historic Mistake at the Fed?” by J. Bradford Delong (Project Syndicate; Sep 1, 2021) “Strengthening the Financial System to Meet the Challenge of Climate Change” by Lael Brainard (Board of Governors of the Federal Reserve System; Dec 18, 2020) “The Planet Depends on the Next Federal Reserve Chair” by David Dayen (The American Prospect; Aug 27, 2021) “The Planet Needs Jerome Powell” by Robinson Meyer (The Atlantic; Sep 1, 2021) “On Maximizing Employment, a Case for Caution” by Raphael Bostic (Policy Hub: Macroblog; Oct 26, 2018) White paper: “The Impact of Community Masking on COVID-19: A Cluster-Randomized Trial in Bangladesh” by Mushfiq Mobarak et al. (Innovations for Poverty Action; Sep 1, 2021) Hosts: Matt Yglesias (@mattyglesias), Slowboring.com Jerusalem Demsas (@JerusalemDemsas), Policy Reporter, Vox Dylan Matthews (@dylanmatt), Senior Correspondent Credits: Ness Smith-Savedoff, Producer & Engineer Erikk Geannikis, Producer, Talk Podcasts As the Biden administration gears up, we'll help you understand this unprecedented burst of policymaking. Sign up for The Weeds newsletter each Friday: vox.com/weeds-newsletter. The Weeds is a Vox Media Podcast Network production. Want to support The Weeds? Please consider making a contribution to Vox: bit.ly/givepodcasts 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

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0:00.0

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0:03.7

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0:07.9

So go on, send those antler selfies and Santa emojis

0:11.4

and give those distant relays a video call.

0:14.1

Hiya, Janet and Alan.

0:16.3

Connect for less this Christmas.

0:18.1

Search O2 Christmas.

0:19.9

O2, we're better connected.

0:22.0

Plus RPI plus 3.9% 500 pounds serving over 36 months.

0:24.7

And 20th of December 2022, 36 months advice

0:26.8

by my link to our time plan up to 24 months 18 plus crutches and a year 10 times a fly.

0:43.5

Hello and welcome to another episode of the Weets on the Box Media Podcast Network.

0:47.0

I'm Matthew E. Glacias here with Jerusalem Demesis and Dylan Matthews.

0:51.0

We're going to do a good episode.

0:52.5

We're going to talk about mass.

0:53.9

We're going to talk about Bangladesh.

0:55.3

We're going to talk about the Federal Reserve.

0:57.3

But first I have a sort of sad news to announce at the beginning,

1:02.0

which is that I am going to be leaving the Weets after two more weeks of shows.

1:09.0

It's going to be great.

1:10.1

We're going to be in great hands, which are Jerusalem and Hermann

1:13.0

who've been doing an amazing job as hosts.

...

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