December 9, 2019· 32 min
How Nearly Two Decades Of Fed Policy Contributed To Bubbles, Busts, And A Boom In Debt
Orality
Model
79%
Oral-dominant (speeches, podcasts, storytelling)
Speaker Breakdown
HostTracy Alloway(2,926 words)
M:93%
HostJoe Weisenthal(2,926 words)
M:93%
GuestSrinivas Thiruvadanthai(3,180 words)
M:28%
Oral Indicators
Agonistic32%
very, obviously, certainly
Engagement64%
you, our, your
Memory Aids100%
listen, like, now
Repetition100%
they (70x), inflation (69x), know (62x)
Parallelism74%
But the good news is we have, ..., And today, we're going to be t..., And, we're gonna talk to him n...
Sound Patterns81%
52 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases6%
you know what, i mean
Literate Indicators
Hedging10%
may, probably, maybe
Passive Voice4%
be attributed, be attributed, be worried
Abstract Nouns20%
investment, business, chase.com/business
Subordination6%
since, because, therefore
Sentence Length30%
Avg: 12.5 words/sentence
Word Complexity47%
investment, analyze, anticipate
Academic Markers5%
the literature
Impersonal Style36%
413 personal pronouns found
Descriptive Style84%
apply, unfortunately, overly
Description
Many people like to claim that the Federal Reserve is responsible for the high degree of leverage and speculation in the economy. But the mechanism via which this happens is often misunderstood. On this week's episode of Odd Lots, we speak with Srinivas Thiruvadanthai of the Jerome Levy Forecasting Center about how the Fed's goal of inflation targeting contributed to a massive buildup in private debt. As he explains, the approach to minimizing the volatility of inflation at a low level created a perfect environment for lenders, creating all kinds of other risks elsewhere in the economy. See omnystudio.com/listener for privacy information.