When the Fed raises interest rates a half point, the world market reacts. But why does this tiny percentage make such a difference? Listen and learn!
AI Summary
# Stuff You Should Know: Interest Rates
Josh and Chuck sit down together in their soon-to-be-vacated studio to tackle the surprisingly complex world of interest rates, from your personal credit card charges to the Federal Reserve's latest inflation-fighting moves. They break down how banks use interest to price risk, explain the mysterious mechanics of how the Fed influences the entire economy through buying and selling treasury bills, and explore why that recent half-point rate hike actually matters way more than it sounds. It's a deep dive into the financial plumbing that keeps America's economy running—complete with a wild historical tale of a guy who rode 665 miles on horseback to beat a bank failure.
Max Headroom Pirating Incident
1987
2m
★ 10.0
"I thought you're talking about the movie head, the monkeys movie. — Referenced in connection with The Monkeys and their attempt to create something similar to The Beach Boys' Smile."
— Chuck
Raising Arizona
1987
1h 34m
★ 7.1
"I think Raising Arizona. That was definitely the case. — Referenced as an example of a heist movie where criminals target banks during crop season when they're flooded with cash."
— Chuck
The Green Knight
2021
R
2h 10m
★ 6.6
"our friend Toby, his production company made a movie called The Green Knight that slipped under the radar. — Praised as an original, well-crafted film based on an ancient tale with excellent cinematography and design."
— Josh
"There's a movie out there called Egg from the 60s. Really? Yeah. I haven't seen it though. — Mentioned as a movie from the 1960s that Josh read about in Uncle John's bathroom reader."
— Josh
"With Emilio Estevez. Was that a bank robber? He was like a robin hood where he robbed banks. Wisdom. — Discussed as a bank robbery film where the protagonist robs banks to prevent farm foreclosures."
— Josh
💬 Comments
Log in to leave a comment.