

The Panic of 1907 - How JP Morgan Saved the US Economy.
Aug 25, 2023
Explore the causes and consequences of the Panic of 1907 - a financial crisis triggered by an earthquake and a failed short squeeze. Learn about J.P Morgan's intervention to save the US economy. Discover the chaotic events during the panic and the aftermath, including the call for a central bank. This podcast delves into the history and impact of the crisis, highlighting the need for financial regulation and providing recommendations for further reading.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 3min
United States Economic Growth and Demand for Capital
03:01 • 19min
Loss of Public Confidence and the Impact on the Knickerbocker Trust
21:52 • 2min
The Chaotic Events of the Panic of 1907
24:21 • 6min
A Triumphant Moment for JP Morgan and an Advertisement for the Canadian Money Roadmap Podcast
30:04 • 2min
The Aftermath of the Panic and the Call for a Central Bank
31:42 • 12min