How the Fed Distributes Billions of Dollars in Cash
Odd Lots13 Helmi 2025

How the Fed Distributes Billions of Dollars in Cash

We all know that the Federal Reserve tries to stabilize the economy by raising or cutting interest rates to balance inflation and unemployment. But the central bank’s mandate actually goes beyond monetary policy. The Fed is also responsible for reviewing and distributing billions of dollars in cash to banks all over the US. In this episode, we go deep inside the vaults of the Federal Reserve Bank of Chicago to see how physical money actually gets moved around. Chicago Fed President Austan Goolsbee is our guide for the tour, and you’ll hear how the central bank gets its cash, how it checks it for authenticity and condition, and how it gets currency to where it needs to be.

Read more: Fed’s Goolsbee Sees Uncertainty Driving Shallower Rate-Cut Path

Odd Lots is going to Washington, DC! Get your tickets here.

    See omnystudio.com/listener for privacy information.

    Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

    Jaksot(1216)

    How the Invention of Rope Gave Us Modern Civilization

    How the Invention of Rope Gave Us Modern Civilization

    Rope is easy to take for granted. It seems obvious and straightforward. But of course, it had to be invented. Early humans discovered that by twisting fibers around each other, the resulting structure...

    30 Touko 36min

    Gita Gopinath on Why Interest Rates Have Surged All Around the World

    Gita Gopinath on Why Interest Rates Have Surged All Around the World

    There's been a massive selloff in the bond market and rates are rising all around the world. Japan, Korea, the UK... You name it. Gita Gopinath, Harvard economics professor and the former first deputy...

    29 Touko 51min

    Brendan Greeley on the Real 500-Year History of the Dollar

    Brendan Greeley on the Real 500-Year History of the Dollar

    We love talking about money. And of course, we love talking about the dollar, in all its varieties — from bank deposits to eurodollars to stablecoins. But what fundamentally is a dollar and who actual...

    28 Touko 55min

    What It Takes to Run One of London's Most Popular Pubs

    What It Takes to Run One of London's Most Popular Pubs

    As our listeners know, restaurants are great microcosms for macro-economic trends. They sit at the intersection of everything from consumer confidence to commodity costs to the labor market. So on our...

    25 Touko 1h 8min

    Architect Norman Foster on Why the West Struggles to Build Big

    Architect Norman Foster on Why the West Struggles to Build Big

    Not many people think of designing buildings as an exercise in economics, but the entire process is defined by constraints around resources (both physical and financial), and an iconic building can al...

    23 Touko 54min

    'The Assassin' Fahmi Quadir on How to Survive as a Short-Seller

    'The Assassin' Fahmi Quadir on How to Survive as a Short-Seller

    A short seller is a gumshoe who roots out a particular story about a specific company and brings it to light. And Fahmi Quadir, the founder and CIO of Safkhet Capital, has been labeled "The Assassin" ...

    22 Touko 31min

    Why Cerebras CEO Andrew Feldman Built The World's Largest Computer Chip

    Why Cerebras CEO Andrew Feldman Built The World's Largest Computer Chip

    Size is the name of the game for the AI chipmaker Cerebras: Their chips are truly massive, about the size of a dinner plate. According to Andrew Feldman, CEO and founder of Cerebras, that is about 58 ...

    21 Touko 51min

    Deutsche Bank's Ozan Tarman and Aditya Singhal on Understanding the Macro Risks

    Deutsche Bank's Ozan Tarman and Aditya Singhal on Understanding the Macro Risks

    It is hard to have a markets conversation that isn't out of date within a minute or two. But we think this one, with Ozan Tarman and Aditya Singhal of Deutsche Bank, is basically evergreen. This conve...

    19 Touko 28min

    Suosittua kategoriassa Liike-elämä ja talous

    sijotuskasti
    psykopodiaa-podcast
    rss-oivalluksia-rahasta-elamasta
    mimmit-sijoittaa
    rss-rahapodi
    rss-lahtijat
    rss-rahamania
    herrasmieshakkerit
    ostan-asuntoja-podcast
    rss-sami-miettinen-neuvottelija
    pomojen-suusta
    hyva-paha-johtaminen
    rss-paasipodi
    inderespodi
    rahapuhetta
    tiedon-jaljilla
    rss-uppoava-vn-laiva
    rss-kaupan-tila
    rss-inderes
    rss-seuraava-potilas