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เนื้อหาจัดทำโดย Todd Nief เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดเตรียมโดย Todd Nief หรือพันธมิตรแพลตฟอร์มพอดแคสต์โดยตรง หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่อธิบายไว้ที่นี่ https://th.player.fm/legal
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Christopher M. Russo (Mercatus Center) on Monetary Policy, The Fed, and Inflation

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Manage episode 302332194 series 1785627
เนื้อหาจัดทำโดย Todd Nief เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดเตรียมโดย Todd Nief หรือพันธมิตรแพลตฟอร์มพอดแคสต์โดยตรง หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่อธิบายไว้ที่นี่ https://th.player.fm/legal

Monetary policy is confusing. What even is The Fed? How do they control interest rates? Is The Fed different than the Treasury? Why do different cities have different feds? And, most importantly, do people with laser eyes on Twitter actually know anything about inflation?

These are all things that I've wondered about — fortunately, my friend Chris Russo is a post-graduate research fellow at the Mercatus Center at George Mason University and an expert on monetary policy. And, he lifted some weights at South Loop Strength & Conditioning while pursuing his education at the University of Chicago.

Chris does a great job of breaking down how monetary policy impacts our daily lives, and gives an enlightening explanation of some of the plumbing that keeps our monetary system functioning. Plus, we discuss a zoomed out perspective on how to think about the inflation numbers in the news.

Learn more from Chris here:

If you're enjoying the show, the best way to support it is by sharing with your friends. If you don't have any friends, why not a leave a review? It makes a difference in terms of other people finding the show.

You can also subscribe to receive my e-mail newsletter at www.toddnief.com. Most of my writing never makes it to the blog, so get on that list.

Show Notes:
  • [02:06] What is the US Treasury? What is The Fed? What do the Treasury and the Fed have to do with inflation?
  • [13:36] A history of the organization of The Fed including: why cities have their own Fed, how the fed regulates monetary policy, and what it means to “print money”
  • [27:44] How does the money supply impact prices and inflation? And, the importance of the equation of exchange: MV = PQ
  • [33:10] Paul Krugman’s babysitter club analogy and how it explains monetary policy
  • [45:40] Why does The Fed target 2% inflation?
  • [51:02] Interest rates, full employment and the Fed’s mechanisms for inflation targeting
  • [01:02:11] How should people think about inflation numbers in the news?
  • [01:12:11] Summary of key takeaways on monetary policy
Links and Resources Mentioned:
  continue reading

100 ตอน

Artwork
iconแบ่งปัน
 
Manage episode 302332194 series 1785627
เนื้อหาจัดทำโดย Todd Nief เนื้อหาพอดแคสต์ทั้งหมด รวมถึงตอน กราฟิก และคำอธิบายพอดแคสต์ได้รับการอัปโหลดและจัดเตรียมโดย Todd Nief หรือพันธมิตรแพลตฟอร์มพอดแคสต์โดยตรง หากคุณเชื่อว่ามีบุคคลอื่นใช้งานที่มีลิขสิทธิ์ของคุณโดยไม่ได้รับอนุญาต คุณสามารถปฏิบัติตามขั้นตอนที่อธิบายไว้ที่นี่ https://th.player.fm/legal

Monetary policy is confusing. What even is The Fed? How do they control interest rates? Is The Fed different than the Treasury? Why do different cities have different feds? And, most importantly, do people with laser eyes on Twitter actually know anything about inflation?

These are all things that I've wondered about — fortunately, my friend Chris Russo is a post-graduate research fellow at the Mercatus Center at George Mason University and an expert on monetary policy. And, he lifted some weights at South Loop Strength & Conditioning while pursuing his education at the University of Chicago.

Chris does a great job of breaking down how monetary policy impacts our daily lives, and gives an enlightening explanation of some of the plumbing that keeps our monetary system functioning. Plus, we discuss a zoomed out perspective on how to think about the inflation numbers in the news.

Learn more from Chris here:

If you're enjoying the show, the best way to support it is by sharing with your friends. If you don't have any friends, why not a leave a review? It makes a difference in terms of other people finding the show.

You can also subscribe to receive my e-mail newsletter at www.toddnief.com. Most of my writing never makes it to the blog, so get on that list.

Show Notes:
  • [02:06] What is the US Treasury? What is The Fed? What do the Treasury and the Fed have to do with inflation?
  • [13:36] A history of the organization of The Fed including: why cities have their own Fed, how the fed regulates monetary policy, and what it means to “print money”
  • [27:44] How does the money supply impact prices and inflation? And, the importance of the equation of exchange: MV = PQ
  • [33:10] Paul Krugman’s babysitter club analogy and how it explains monetary policy
  • [45:40] Why does The Fed target 2% inflation?
  • [51:02] Interest rates, full employment and the Fed’s mechanisms for inflation targeting
  • [01:02:11] How should people think about inflation numbers in the news?
  • [01:12:11] Summary of key takeaways on monetary policy
Links and Resources Mentioned:
  continue reading

100 ตอน

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