The Bankster Podcast - podcast cover

The Bankster Podcast

Kaleb Nygaardwww.centralverse.org
Explaining and exploring the fascinating world of central banking. Season 4: an unabridged reading of Lombard Street, a new chapter out every Thursday morning!
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Episodes

4.13 Conclusion

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, 20218 minSeason 4Ep. 13

4.11 The Bill-Brokers

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, 202123 minSeason 4Ep. 11

4.10 The Private Banks

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, 202116 minSeason 4Ep. 10

4.9 The Joint Stock Banks

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, 202116 minSeason 4Ep. 9

4.8 The Government of the Bank of England

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, 202141 minSeason 4Ep. 8

4.7 A More Exact Account of the Mode in Which the Bank of England Has Discharged Its Duty of Retaining a Good Bank Reserve, and of Administering It Effectually

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, 202158 minSeason 4Ep. 7

4.6 Why Lombard Street is Often Very Dull, and Sometimes Extremely Excited

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, 202146 minSeason 4Ep. 6

4.5 The Mode in Which the Value of Money is Settled in Lombard Street

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, 202111 minSeason 4Ep. 7

4.4 The Position of the Chancellor of the Exchequer in the Money Market

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, 202115 minSeason 4Ep. 4

4.3 How Lombard Street Came to Exist, and Why It Assumed Its Present Form

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, 202131 minSeason 4Ep. 3

4.2 A General View of Lombard Street

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, 20211 hr 5 minSeason 4Ep. 2

4.1 Introductory

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, 202127 minSeason 4Ep. 1

Season 4 Trailer

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, 20213 min

3.7 Coronavirus

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, 202028 minSeason 3Ep. 7

3.6 The Global Financial Crisis

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, 202039 minSeason 3Ep. 6

3.5 Terrorists and Hurricanes

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, 202029 minSeason 3Ep. 5

3.4 Too Big to Fail

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, 202031 minSeason 3Ep. 4

3.3 The Great Depression

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, 202024 minSeason 3Ep. 3

3.2 JP Morgan and Friends

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, 202027 minSeason 3Ep. 2

3.1 The Central Banker's Bible

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, 202021 minSeason 3Ep. 1

Season 3 Trailer

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, 20203 min

Podcast Contest

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, 20205 minSeason 2Ep. 26

Meeting Minutes Matter

Why the Meeting Minutes of the Federal Open Market Committee matter. (Originally aired on May 4, 2018.) Centralverse

Jun 12, 20207 minSeason 2Ep. 25

Show No Signs of Panic [Rebroadcast]

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, 202021 minSeason 2Ep. 24

NY Fed President, The Process

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, 202019 minSeason 2Ep. 23

Centralverse News Flash Mar 23, 2018

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, 202015 minSeason 2Ep. 22

Riksbanken 350

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, 202012 minSeason 2Ep. 21

Centralverse Q&A, Round V

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, 202011 minSeason 2Ep. 19

Eccles #5, Chair No More

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, 202018 minSeason 2Ep. 18
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