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Listen "The Fed Unbound by Lev Menand"
Episode Synopsis
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Title: The Fed Unbound
Author: Lev Menand
Narrator: Mark Deakins
Format: mp3
Length: 3 hrs and 51 mins
Release date: 05-10-22
Ratings: 4.5 out of 5 stars, 30 ratings
Genres: Banks & Banking
Publisher's Summary:
The Federal Reserve, the U.S. central bank, was built for a monetary system composed primarily of investor-owned, government-chartered banks. But over the years, the erosion of banking law and the rise of alternative forms of money created outside of the banking system have pushed the Fed to take on more and more responsibilities to keep the economy out of recession, as it did during the 2008 crisis, and again during the first months of the COVID-19 pandemic, when it created $3 trillion to stop another financial panic.
Title: The Fed Unbound
Author: Lev Menand
Narrator: Mark Deakins
Format: mp3
Length: 3 hrs and 51 mins
Release date: 05-10-22
Ratings: 4.5 out of 5 stars, 30 ratings
Genres: Banks & Banking
Publisher's Summary:
The Federal Reserve, the U.S. central bank, was built for a monetary system composed primarily of investor-owned, government-chartered banks. But over the years, the erosion of banking law and the rise of alternative forms of money created outside of the banking system have pushed the Fed to take on more and more responsibilities to keep the economy out of recession, as it did during the 2008 crisis, and again during the first months of the COVID-19 pandemic, when it created $3 trillion to stop another financial panic.
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