AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
SUMMER SCHOOL 7: The Fed & Volcker's Socks
Planet Money
You Carry Out the Fight Against Inflation
Paul Volker passed away in 2019 at the age of 92. He told us that in the 70s the Fed had tried doing things gently and it didn't work because it didn't convince people. This story was reported by Jacob Goldstein and David Kestenbaum back in 2015. The heads of the central bank aren't elected.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode