The Bankster Podcast

Chapter 13. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 12. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 11. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 10. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 9. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 8. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 7. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 6. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 5. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 4. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 3. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 2. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Chapter 1. An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

An unabridged reading of the Bible of Central Banking - Lombard Street, by Walter Bagehot. Chapters drop every Thursday morning beginning June 3, 2021. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Season 3, Episode 7. As the Coronavirus spreads around the world, central banks leap into action. The lenders of last resort open their doors wider than they ever have in the past. This is the final episode in this season. Go to www.centralverse.org for full episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Season 3, Episode 6. Central bank's most dramatic show of lender of last resort force in response to he worst economic recession in 80 years . To fight the Global Financial Crisis the Federal Reserve took its lender of last resort powers to the next level. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Season 3, Episode 5. Financial crises don't always happen because of missteps or exuberance in financial markets. Today we tell the story of how the Federal Reserve responded to 9/11 and Hurricane Katrina. Go to www.centralverse.org for full episode transcript and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Season 3, Episode 4. One situation pulls central banks into the public eye more than any either - dealing with institutions that have become so large that their impending collapse would cause such disproportionate destruction on the financial system and the wider economy that the central bank feels it has no choice but to intervene. The origin of Too Big to Fail and then the story of two such institutions that the Fed dealt with in two distinct ways. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Season 3, Episode 3. The Federal Reserve's actions and inactions in response to the Great Depression and how deposit insurance serves as a sister policy to the lender of last resort. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Listen wherever you get your podcasts. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Season 3, Episode 2. No crisis is the fault of one person, and no successful rescue can be attributed to a single person. But the stories we tell have heroes and villains for a reason. Some people play an outsized role in bringing the system down and others in pushing it back up. The October 1907 attempted corner of the copper market, the financial panic it caused, and the subsequent rescue have a handful of such heroes and villains. This is episode 2 in season 3's history of the Lender of Last Resort. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

Season 3, Episode 1. The economic crisis response playbook was written in 1873 by Walter Bagehot, and central bankers have called upon the sacred text for the century and a half since. Who was Walter Bagehot and what does he prescribe central bankers do to stop bank runs and economic panics? This and a speedy 200 year history of central banking before Bagehot in Episode 1 of Season 3. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Connect with me on twitter @KalebNygaard Subscribe! Rate! Share!

The fundamental power to create money that makes central banks what they are, is most dramatic when they wield that power in attempts to rescue collapsing economies. This is central banks as Lenders of Last Resort. In the seven episodes of Season 3, we're telling the history of the fundamental principle of the lender of last resort. First two episodes drop Thursday July 23, 2020; then every Thursday morning after that. Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. Subscribe! Rate! Share!

I submitted the above trailer as part of a podcast competition sponsored by Squarespace and Gimlet Creative. I also announce the end of Season 2. (Originally aired on May 31, 2018.) Centralverse

Why the Meeting Minutes of the Federal Open Market Committee matter. (Originally aired on May 4, 2018.) Centralverse

A rebroadcast of our very first episode on the 2nd year anniversary of The Bankster Podcast. (Originally aired on April 21, 2018.) Centralverse

Of equal importance to the final decision of the next New York Fed President is the process by which this decision was made. Today we unwind that complex process. (Originally aired on April 6, 2018.) Centralverse

Too many important events of the past two weeks, so we've started a new series called News Flash. Today's Flashes include: Bear Stearns, The Senate Dodd Frank Bill, NYFed's Presidential Search, and the FOMC meeting. (Originally aired on March 23, 2018.) Centralverse

A Riksbanken video gave me a good laugh, and a 350th birthday is cause for celebration and reflection. On today's episode: (1) very briefly how did it start, (2) its relationship with the Euro, (3) its policy goals, and (4) its role in the Nobel Prize of Economics. (Originally aired on March 9, 2018.) Centralverse

Round V of the listener favorite, Centralverse Q&A: Who really chooses the Chair? And who is second in command at the Central Bank? If you have questions you'd like answered on the podcast send them in. (Originally aired on February 9, 2018.) Centralverse

As Janet Yellen leaves on her final day as Chair of the Federal Reserve System we take a look back at the last complicated transition from one Chair to the next - that of Marriner Eccles 70 years ago to the day. (Originally aired on January 26, 2018.) Centralverse

A look at the State of the Federal Reserve in 2018. (Originally aired on January 12, 2018.) Centralverse

Round IV of the listener favorite, Centralverse Q&A: What does the CFPB have to do with the Federal Reserve? Who is Marvin Goodfriend? If you have questions you'd like answered on the podcast send them in. (Originally aired on December 9, 2017.) Centralverse

Two members of the FOMC gave very similar speeches last week. Their message? In preparation for the next economic downturn, we need to define the “expansion” of tools we used during the the Great Recession. (Originally aired on November 24, 2017.) Centralverse

Two appointments at the Federal Reserve last week. One I'm certain you heard about and another one I'm just as certain you did not hear about. On today's episode a quick recap - the new Chair of the Federal Reserve and the new Secretary of the FOMC. (Originally aired on November 10, 2017.) Centralverse

Another set of great questions on today's round of Centralverse Q&A: Who is in the running for Chair of the Federal Reserve? And, briefly, what does the Federal Reserve Chair do? If you have questions you'd like answered on the podcast send them in. (Originally aired on October 13, 2017.) Centralverse

Another set of great questions on today's round of Centralverse Q&A: Who is in the running for Chair of the Federal Reserve? And, briefly, what does the Federal Reserve Chair do? If you have questions you'd like answered on the podcast send them in. (Originally aired on October 13, 2017.) Centralverse

Two great questions on today's round of Centralverse Q&A: What are the requirements for becoming a Fed governor? How will the Fed's balance sheet change? If you have questions you'd like answered on the podcast send them in. (Originally aired on September 29, 2017.) Centralverse

Arguably one of the most important people at the Federal Reserve is someone that is rarely seen. Who is the General Counsel and what does he do? On today's episode! (Originally aired on September 15, 2017.) Centralverse

The first episode in a new series I'm calling, “Centralverse Q&A”. If you have questions you'd like answered on the podcast send them in. (Originally aired on September 1, 2017.) Centralverse

A fun look at four short experiences from the childhood of Marriner Eccles. (Originally aired on August 18, 2017.) Centralverse

Fed just put in their order for next year's cash - a whopping $233 Billion. With all of that new money distributed through Federal Reserve Banks throughout the country it begs the question - Has the Fed ever been robbed? Today's episode! (Originally aired on August 4, 2017.) Centralverse

A contemporary relative of our Marriner Stoddard Eccles just might find herself in the building that bears Eccles' name. Who is she? What's her connection to the former Fed Chairman? All that and the story of Marriner Eccles father on today's episode! (Originally aired on July 21, 2017.) Centralverse

The quest to find the source of the ubiquitous Fed Disclaimer, “the views I express are my own and do not necessarily reflect the views of my colleagues on the FOMC or within the Federal Reserve System.” (Originally aired on July 7, 2017.) Centralverse

My in depth research into the life and works of Marriner Eccles begins! Today I start with an incredible story of his first real business venture. Introducing - Marriner Eccles, The Entrepreneur. (Originally aired on June 23, 2017.) Centralverse

The very first episode in the new segment called Our Recession - an interview series presenting personal experiences from real people that lived through the Great Recession. (Originally aired on June 9, 2017.) Centralverse

An introduction to the new season which will include three new segments: Marriner Eccles, the Centralverse Website, and Our Recession interview series. (Originally aired on June 9, 2017.) Centralverse

The Bankster Podcast is changing! I'm excited to announce the two new focuses of the podcast going forward and why I've decided to change course. (Originally aired on April 14, 2017.) Centralverse

The second half of our series on the fascinating story behind the choosing of the twelve Federal Reserve Districts and their city headquarters. (Originally aired on March 31, 2017.) Centralverse

The beginning of our series on the fascinating story behind the choosing of the twelve Federal Reserve Districts and their city headquarters. Also, a fun and new way to look at the money in your purse and wallet! (Originally aired on March 17, 2017.) Centralverse

The origin story behind the beloved nickname of the Bank of England. (Originally aired on March 3, 2017.) Centralverse

We continue our conversation on monetary policy rules with an introduction to the most famous man behind the Rules Movement - John Taylor. Also I'll introduce you to the law being tossed around the US Congress that would take monetary rules to a whole new height. (Originally aired on February 17, 2017.) Centralverse