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The Indicator from Planet Money

The time the US paid off all its debt (Indicator favorite)

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 27 December 2021

⏱️ 9 minutes

🧾️ Download transcript

Summary

Hey Indigators! It's Encore Week at The Indicator. We're sharing some of our favorite episodes of the year.

Today, we're kicking things off with a listener favorite about the time President Andrew Jackson paid off all of America's interest-bearing debt...with disastrous results.

This episode originally came out in August.

Transcript

Click on a timestamp to play from that location

0:00.0

NPR.

0:03.0

This is the indicator from Planet Money.

0:13.3

I'm Stacy Bannock-Smith.

0:14.8

And I'm Darian Woods.

0:16.2

And for this last week of the year, we are doing something a little bit special.

0:20.4

The indicator team, we will be sharing our favorite episodes of 2021.

0:24.8

But to kick off on Core Week, we wanted to start with one of your favorite episodes

0:29.3

of the year.

0:30.3

So, we saw your messages, your tweets, and a couple of shows rose to the top of our

0:34.9

extremely unscientific survey.

0:37.1

Would you say, Darian?

0:38.1

Yeah, to say the least.

0:39.1

It was our little poll of dedicated indicator listeners.

0:42.1

Like Stephanie, she emailed to say that our Bezier Ward episode from November was her favorite.

0:47.4

And in that show, we heard from Paul Flora.

0:49.8

He's an economist with the Federal Reserve Bank of Philadelphia.

0:52.8

You know, without question, the pandemic has prompted people to alter their lifestyles.

0:57.5

Sometimes it's just out of sheer fatigue and sometimes from soul searching.

1:03.3

Here's what Stephanie said she liked about this episode.

1:05.7

It shows the economics profession at its best.

1:09.3

Recognizing that people's struggles and hardships are what the dismal statistics represent.

1:14.5

I just loved it.

...

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