When inflation is high, the Federal Reserve has historically raised interest rates. But the recent failures of banks like Silicon Valley Bank have sparked worries about the stability of our banking system. Now the feds must weigh whether the banking system could withstand the turmoil that raising interest rates could bring. To get inside the mind of Fed chair Jerome Powell, we look to a previous era of high inflation, the late 1970s and early ‘80s, and the decisions of then Fed chairs Arthur Burns and Paul Volcker.
Groups opposed to the Canadian Pacific and Kansas City Southern merger say they don’t want the additional noise, potential disruptions and increased risk of crashes and exposure to hazardous materials the merger could bring. Reset learns more about the deal from WTTW investigative reporter and producer Jared Rutecki.
The economics are clear-cut: the benefits of preserving the lungs of the world vastly outweigh those of felling trees. We travel to the Amazon and find that the problem is largely down to lawlessness in the world’s rainforests. And reflecting on the life of Oe Kenzaburo, a Japanese writer shaped by family crisis who gave voice to the voiceless.
Apple just dropped Season 3 of Ted Lasso and achieved “marketing nirvana” — Because the real star was FaceTime. Nestle warns that there’s a war breaking out in kitchens across America: Air Fryers vs Instant Pots. And TikTok was just told by the US government that it must sell itself or be banned from America… again (and we’re super extra serious this time).
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Today we are discussing the potential banning of tiktok, the House Judiciary Committee’s hearing on the Twitter Files, millennials and their crises, and a gen z student’s terrible semester abroad.
Time Stamps:
14:13 TikTok
22:15 Twitter Files Mess
39:12 Millennial
54:12 Gen Z Abroad
Questions? Comments? Email us at Hammered@Nebulouspodcast.com
Today, Liz and Andrew take a break from the world of politics (except for Patrons) to bring you the history and law surrounding "March Madness," including whether it was legal to fill out your bracket and how the NCAA approaches its trademarks. Along the way, we'll learn how the current right-wing Supreme Court is going to use a gambling decision to further its activist agenda. If you like basketball -- and even if you don't! -- you won't want to miss it!
The Patreon bonus is all about Jenna Ellis and Trump's legal team, and Liz brings the funny.
Space technology was developed to enhance the killing power of the state. The Moon landings and the launch of the Space Shuttle were mere sideshows, drawing public attention away from the real goal: military and economic control of space as a source of power on Earth.
Today, as Bleddyn E. Bowen vividly recounts in Original Sin: Power, Technology and War in Outer Space (Oxford UP, 2022), thousands of satellites work silently in the background to provide essential military, intelligence and economic capabilities. No major power can do without them. Beyond Washington, Moscow and Beijing, truly global technologies have evolved, from the ground floor of the nuclear missile revolution to today's orbital battlefield, shaping the wars to come. World powers including India, Japan and Europe are fully realizing the strategic benefits of commanding Earth's 'cosmic coastline', as a stage for war, development and prestige.
Yet, as new contenders spend more and more on outer space, there is scope for cautious optimism about the future of the Space Age-if we can recognize, rather than hide, its original sin.
Bleddyn E. Bowen is Associate Professor of International Relations at the University of Leicester, specializing in space policy and military uses of outer space. The internationally recognized author of War in Space, he consults on space policy for institutions including the UK Parliament, the European Space Agency, and the Pentagon.
Sam Canter is a policy and strategy analyst, PhD candidate, and Army Reserve intelligence officer. His views are his own and do not reflect any institution, organization, or entity with which he is affiliated.
Silicon Valley Bank’s collapse triggered the second-largest bank run in U.S. history. Who banked at SVB, how did it collapse, why did the federal government step in, and are more bank failures coming? Andy invites economists Justin Wolfers and Mark Zandi, along with WSJ reporter Ben Eisen, into the bubble to debate what this story brings to light about America’s banking system, our nation’s financial stability, and how safe your money is.
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Order Andy’s book, “Preventable: The Inside Story of How Leadership Failures, Politics, and Selfishness Doomed the U.S. Coronavirus Response”: https://us.macmillan.com/books/9781250770165
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