Hello and welcome to the trillion-dollar

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 Hammond 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, it should be this one because we have

with us Nick Timoros 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 a trillion-dollar triage, which is a book about how the Fed and really

Congress and the U.S. 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 Mnuchin, 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 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 the 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 good one.

Stay tuned.

It's all coming up on Slate Money.

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