Aditi Sahasrabuddhe is a political scientist at Brown University and the author of the new book, Banker’s Trust: How Social Relations Avert Global Financial Collapse. In Aditi’s first appearance on the show, she discusses how central bankers’ relationships in the 1920’s impacted the global economy, how the ending of those relationships played a part in the Great Depression, how we can apply those principles to the Great Recession and the present, and much more.
Check out the transcript for this week’s episode, now with links.
Recorded on July 30th, 2025
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Timestamps
00:00:00 - Intro
00:00:50 - Aditi’s Intellectual Journey
00:03:57 - Louis Franck at the National Bank of Belgium
00:05:46 - Relationships and Crisis
00:11:07 - Central Bank Club
00:17:06 - Central Bankers and the Butterfly Effect
00:22:33 - Montagu Norman and Benjamin Strong
00:32:06 - Émile Moreau
00:34:48 - Japan
00:38:11 - Benjamin Strong and the Great Depression
00:48:55 - Great Financial Crisis
00:51:18 - India
00:55:25 - Jerome Powell the Central Banker
00:58:23 - Outro
