EPISODE · Jan 2, 2023 · 1H 21M
A Masterclass In Central Banking | Professor Jane Knodell
from Forward Guidance · host Blockworks
Jane Knodell, professor of economics at the University of Vermont and author of "The Second Bank of the United States: Central banker in an era of nation-building" joins the show for a masterclass in financial history. Taking us back to the founding of the First & Second Bank of the United States, Knodell discusses the origins of banking, central banking and everything in between, taking us on a tour from the late 1700's to present day. To hear all this and more, you'll have to tune in! -- Follow Jane: https://twitter.com/JaneKnodell Follow Jack Farley on Twitter https://rb.gy/uesguv Follow Forward Guidance on Twitter https://rb.gy/cy0dki Follow Blockworks on Twitter https://rb.gy/igyzsj -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos -- Timestamps: (00:00) Introduction (01:02) The First Bank In The United States (04:29) The Coinage Act Of 1790 (08:37) The Financing Of The Revolutionary War (14:40) How Successful Was The First Bank? (17:14) The Second Bank of the United States: “Central” Banker in an Era of Nation-Building (24:50) The Mechanics of "Discounts, Exchange & Treasury Debt" (29:05) The Panic Of 1819 (33:02) The Panic of 1825 & The Role Of "Central" Banking (40:12) Did The Second Bank of the United States Closing In 1836 Have Any Effect On The Panic Of 1837? (46:29) The Panic Of 1907: The J.P. Morgan Bailouts (53:55) The Financial System's Plumbing (57:54) The Financing of WWI (01:02:34) The Great Depression (01:07:47) Can The Federal Reserve Print Money? (01:11:13) Bretton Woods (01:15:35) The Treasury-Fed Accord (01:19:15) The FTX Fallout -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
What this episode covers
Jane Knodell, professor of economics at the University of Vermont and author of "The Second Bank of the United States: Central banker in an era of nation-building" joins the show for a masterclass in financial history. Taking us back to the founding of the First & Second Bank of the United States, Knodell discusses the origins of banking, central banking and everything in between, taking us on a tour from the late 1700's to present day. To hear all this and more, you'll have to tune in! -- Follow Jane: https://twitter.com/JaneKnodell Follow Jack Farley on Twitter https://rb.gy/uesguv Follow Forward Guidance on Twitter https://rb.gy/cy0dki Follow Blockworks on Twitter https://rb.gy/igyzsj -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can’t-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos -- Timestamps: (00:00) Introduction (01:02) The First Bank In The United States (04:29) The Coinage Act Of 1790 (08:37) The Financing Of The Revolutionary War (14:40) How Successful Was The First Bank? (17:14) The Second Bank of the United States: “Central” Banker in an Era of Nation-Building (24:50) The Mechanics of "Discounts, Exchange & Treasury Debt" (29:05) The Panic Of 1819 (33:02) The Panic of 1825 & The Role Of "Central" Banking (40:12) Did The Second Bank of the United States Closing In 1836 Have Any Effect On The Panic Of 1837? (46:29) The Panic Of 1907: The J.P. Morgan Bailouts (53:55) The Financial System's Plumbing (57:54) The Financing of WWI (01:02:34) The Great Depression (01:07:47) Can The Federal Reserve Print Money? (01:11:13) Bretton Woods (01:15:35) The Treasury-Fed Accord (01:19:15) The FTX Fallout -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
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A Masterclass In Central Banking | Professor Jane Knodell
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