April 23, 2020· 45 min

How The Coronavirus Crisis Pushed The Fed Into Truly Uncharted Territory

Orality
Model
85%
Highly oral (epic poetry, sermons, hip-hop)

Speaker Breakdown

HostTracy Alloway(1,992 words)
M:28%
HostJoe Weisenthal(1,384 words)
M:28%
GuestNathan Tankus(4,113 words)
M:28%

Oral Indicators

Agonistic37%
obviously, definitely, huge
Engagement65%
you, our, your
Memory Aids100%
listen, like, so
Repetition100%
know (115x), like (76x), think (62x)
Parallelism91%
And I'm Tracy Alloway...., So Tracy, this is obviously fo..., But for the most part, like, i...
Sound Patterns45%
35 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases8%
the fact of the matter, at the end of the day, i mean

Literate Indicators

Hedging7%
may, maybe, could
Passive Voice8%
been involved, been interested, was limited
Abstract Nouns25%
investment, community, business
Subordination9%
because, though, whereas
Sentence Length56%
Avg: 19.0 words/sentence
Word Complexity50%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style35%
511 personal pronouns found
Descriptive Style99%
apply, obviously, definitely

Description

The fate of the economy remains extremely unclear. However there is little doubt that the Fed has taken dramatic steps to arrest the crisis. Not only has Jerome Powell’s Federal Reserve dusted off old tools that were designed during the last crisis, it’s engaged in unconventional actions, such as lending directly to municipal authorities, as well as becoming a player in the market for private sector corporate debt. Amid this crisis, Nathan Tankus, a researcher at the Modern Money Network, has emerged as one of the foremost experts on what the Fed has done, and what it’s capable of doing, through his widely read newsletter. He joined us on this episode to explain and contextualize the historic nature of the Fed’s actions so far. See omnystudio.com/listener for privacy information.