Archive for the ‘financial crisis’ Tag

A locked door, a secret meeting and the birth of the Fed (Classic)   Leave a comment

Link: https://www.npr.org/2021/12/01/1060610393/a-locked-door-a-secret-meeting-and-the-birth-of-the-fed-classic

On this episode from Planet Money, they discuss the events and people that led the creation of the Fed, relevant in 2022 in light of the pressure the Fed is facing in as inflation continues to rise. A quick guide to J.P. Morgan’ s influence and help with founding the Fed so big bailouts no longer had to fall on his pockets.

Original Air Date: December 20, 2013

Length: 17 minutes 10 seconds

Bubbles, Bikes, and Biases   Leave a comment

Link: https://www.npr.org/2021/08/23/1030276615/planet-money-summer-school-5-bubbles-bikes-biases

Learn from Planet Money’s Summer School what causes financial bubbles with examples such as the dotcom bubble and the Great British bicycle bubble. Also, hear about how behavioral biases, greater fools theory, and herd behavior make bubbles much worse.

Original Air Date: August 25, 2021

Length: 29 Minutes 57 Seconds

Big three credit ratings agencies still hold a huge amount of power   Leave a comment

Link: http://www.marketplace.org/2016/03/11/world/big-three-credit-ratings-agencies-still-hold-huge-amount-power

Summary: Marketplace takes a deeper look into the position of the big three credit rating agencies before and after the financial crisis of 2008. Although the ratings agencies were vilified after the financial crisis, they are now bigger and stronger than before.

Original Air Date: March 11, 2016

Length: 3 minutes 37 seconds

How To Make $3 Trillion Disappear   Leave a comment

how to makeLink: http://www.npr.org/sections/money/2015/10/23/451228005/episode-659-how-to-make-3-trillion-disappear

Summary: The Planet Money team discusses the end of quantitative easing – how it works and how it is coming to an end.  A particular focus is how this process will impact commercial banks and their clients.

Original Air Date: October 26, 2015

Length: 15 minutes 25 seconds

The Last Euro in Greece   Leave a comment

last euroLink: http://www.npr.org/sections/money/2015/07/08/421228146/episode-637-the-last-euro-in-greece

Summary: The Planet Money team discusses the role the banks played in the Greek debt crisis and how it affected the Greek people.

Original Air Date: July 8, 2015

Length: 13 minutes 38 seconds

‘Special Shopping Day’ Overload   Leave a comment

shopping dayLink: http://www.marketplace.org/topics/economy/special-shopping-day-overload

Summary: The number of shoppers on Black Friday was down this year (2014). Because of the ease in comparing prices online to find the best deal, Black Friday (and the whole weekend) has become a ritual team effort of mothers, daughters, and other relatives.

Original Air Date: December 1, 2014

Length: 1 minute 47 seconds

Discussion Question: Is the economy effecting how many people shop on the Black Friday weekend? Or is it something else that’s driving the number of shoppers down?

 

How Stuff Gets Cheaper   Leave a comment

stuff cheaperLink: http://www.npr.org/blogs/money/2014/11/28/366793693/episode-586-how-stuff-gets-cheaper

Summary: The Planet Money team looks at how some things get cheaper over time. The podcast hosts visit a company called Monoprice, whose job it is to find out ways to make things cheaper–in other words, a lot of detective work.

Original Air Date: November 28, 2014

Length: 14 minutes 11 seconds

Prompt: Write a brief letter to Monoprice with your thoughts on their job. Is it efficient? Is it cost-productive?

The Interstate Tax Break Battle   Leave a comment

interstate tax break battleLink: http://www.marketplace.org/topics/economy/interstate-tax-break-battle

Summary: The Obama Administration has been cracking down on inversions–where companies avoid US taxes by getting a foreign address. Now, it is being taken down to a state level, as states hand out tax breaks to try to increase business and get out of the Great Recession.

Original Air Date: September 24, 2014

Length: 2 minutes 27 seconds

How The Tough Economy Changes Young People’s Lives   Leave a comment

tough economy changes youngLink: http://www.marketplace.org/topics/wealth-poverty/how-tough-economy-changes-young-peoples-lives

Summary: Many people are still feeling the after-effects of the Great Recession, especially young adults. Young adults still have a higher than average unemployment rate, and are not hitting traditional milestones–such as living alone, starting careers, buying their first home–and have been described as a generation that has “failed to launch” due to the poor economy. Everything that is happening to this generation is happening later in life as they work to launch themselves as independent, self-supporting adults in the harsh economic environment.

Original Air Date: September 16, 2014

Length: 4 minutes 36 seconds

The Boom-and-Bust Story of a Crop Called Guar   Leave a comment

guarLink: http://www.marketplace.org/topics/sustainability/boom-and-bust-story-crop-called-guar

Summary: Guar is a small bean, and it had a recent rise and fall in the marketplace. Besides being an additive to thicken many foods, it’s also used in fracking. When fracking took off, the price of guar rose. As the price increased, Texas farmers started growing a lot of it, until Pakistan and India–which grow 98% of the guar combined–caught up to the demand. As a result, oil companies stopped hoarding it, and the prices dropped. The Texas farmers were left without buyers, and caused a chain reaction of bankruptcy.

Original Air Date: October 9, 2014

Length: 2 minutes 47 seconds