Chapter 13. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Aug 26, 2021•8 min•Season 4Ep. 13
Chapter 12. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Aug 19, 2021•32 min•Season 4Ep. 12
Chapter 11. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Aug 12, 2021•23 min•Season 4Ep. 11
Chapter 10. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Aug 05, 2021•16 min•Season 4Ep. 10
Chapter 9. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Jul 29, 2021•16 min•Season 4Ep. 9
Chapter 8. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Jul 22, 2021•41 min•Season 4Ep. 8
Chapter 7. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Jul 15, 2021•58 min•Season 4Ep. 7
Chapter 6. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Jul 08, 2021•46 min•Season 4Ep. 6
Chapter 5. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Jul 01, 2021•11 min•Season 4Ep. 7
Chapter 4. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Jun 24, 2021•15 min•Season 4Ep. 4
Chapter 3. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Jun 17, 2021•31 min•Season 4Ep. 3
Chapter 2. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Jun 10, 2021•1 hr 5 min•Season 4Ep. 2
Chapter 1. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!
Jun 03, 2021•27 min•Season 4Ep. 1
An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Chapters drop every Thursday morning beginning June 3, 2021. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!...
Jun 01, 2021•3 min
Season 3, Episode 7. As the Coronavirus spreads around the world, central banks leap into action. The lenders of last resort open their doors wider than they ever have in the past. This is the final episode in this season. Go to www.centralverse.org for full episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!...
Aug 27, 2020•28 min•Season 3Ep. 7
Season 3, Episode 6. Central bank’s most dramatic show of lender of last resort force in response to he worst economic recession in 80 years . To fight the Global Financial Crisis the Federal Reserve took its lender of last resort powers to the next level. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!...
Aug 20, 2020•39 min•Season 3Ep. 6
Season 3, Episode 5. Financial crises don’t always happen because of missteps or exuberance in financial markets. Today we tell the story of how the Federal Reserve responded to 9/11 and Hurricane Katrina. Go to www.centralverse.org for full episode transcript and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!...
Aug 13, 2020•29 min•Season 3Ep. 5
Season 3, Episode 4. One situation pulls central banks into the public eye more than any either - dealing with institutions that have become so large that their impending collapse would cause such disproportionate destruction on the financial system and the wider economy that the central bank feels it has no choice but to intervene. The origin of Too Big to Fail and then the story of two such institutions that the Fed dealt with in two distinct ways. Go to www.centralverse.org for episode transc...
Aug 06, 2020•31 min•Season 3Ep. 4
Season 3, Episode 3. The Federal Reserve’s actions and inactions in response to the Great Depression and how deposit insurance serves as a sister policy to the lender of last resort. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts . Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!...
Jul 30, 2020•24 min•Season 3Ep. 3
Season 3, Episode 2. No crisis is the fault of one person, and no successful rescue can be attributed to a single person. But the stories we tell have heroes and villains for a reason. Some people play an outsized role in bringing the system down and others in pushing it back up. The October 1907 attempted corner of the copper market, the financial panic it caused, and the subsequent rescue have a handful of such heroes and villains. This is episode 2 in season 3's history of the Lender of Last ...
Jul 23, 2020•27 min•Season 3Ep. 2
Season 3, Episode 1. The economic crisis response playbook was written in 1873 by Walter Bagehot, and central bankers have called upon the sacred text for the century and a half since. Who was Walter Bagehot and what does he prescribe central bankers do to stop bank runs and economic panics? This and a speedy 200 year history of central banking before Bagehot in Episode 1 of Season 3. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks ...
Jul 23, 2020•21 min•Season 3Ep. 1
The fundamental power to create money that makes central banks what they are, is most dramatic when they wield that power in attempts to rescue collapsing economies. This is central banks as Lenders of Last Resort. In the seven episodes of Season 3, we're telling the history of the fundamental principle of the lender of last resort. First two episodes drop Thursday July 23, 2020; then every Thursday morning after that. Go to www.centralverse.org for episode transcripts and interactive graphics e...
Jul 13, 2020•3 min
I submitted the above trailer as part of a podcast competition sponsored by Squarespace and Gimlet Creative. I also announce the end of Season 2. (Originally aired on May 31, 2018.) Centralverse
Jun 12, 2020•5 min•Season 2Ep. 26
Why the Meeting Minutes of the Federal Open Market Committee matter. (Originally aired on May 4, 2018.) Centralverse
Jun 12, 2020•7 min•Season 2Ep. 25
A rebroadcast of our very first episode on the 2nd year anniversary of The Bankster Podcast. (Originally aired on April 21, 2018.) Centralverse
Jun 12, 2020•21 min•Season 2Ep. 24
Of equal importance to the final decision of the next New York Fed President is the process by which this decision was made. Today we unwind that complex process. (Originally aired on April 6, 2018.) Centralverse
Jun 12, 2020•19 min•Season 2Ep. 23
Too many important events of the past two weeks, so we’ve started a new series called News Flash. Today’s Flashes include: Bear Stearns, The Senate Dodd Frank Bill, NYFed’s Presidential Search, and the FOMC meeting. (Originally aired on March 23, 2018.) Centralverse
Jun 12, 2020•15 min•Season 2Ep. 22
A Riksbanken video gave me a good laugh, and a 350th birthday is cause for celebration and reflection. On today’s episode: (1) very briefly how did it start, (2) its relationship with the Euro, (3) its policy goals, and (4) its role in the Nobel Prize of Economics. (Originally aired on March 9, 2018.) Centralverse
Jun 12, 2020•12 min•Season 2Ep. 21
Round V of the listener favorite, Centralverse Q&A: Who really chooses the Chair? And who is second in command at the Central Bank? If you have questions you’d like answered on the podcast send them in. (Originally aired on February 9, 2018.) Centralverse
Jun 12, 2020•11 min•Season 2Ep. 19
As Janet Yellen leaves on her final day as Chair of the Federal Reserve System we take a look back at the last complicated transition from one Chair to the next - that of Marriner Eccles 70 years ago to the day. (Originally aired on January 26, 2018.) Centralverse
Jun 12, 2020•18 min•Season 2Ep. 18