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cover of episode No, the Fed should not stop paying interest on reserves

No, the Fed should not stop paying interest on reserves

2025/6/12
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Bill Thompson:我居住的社区以蓝领工人为主,他们通过工会保障自己的权益,拥有稳定的工作和生活。然而,我担心我的儿子们,他们这一代人面临着医疗、社会保障和高额教育费用的压力,很难达到我们这一代人的生活水平。 Catherine Thompson:我和我的丈夫很幸运,通过稳定的工作和明智的理财,我们现在可以享受舒适的退休生活,无需为日常开销过多担忧。但是,我也为我们的孩子感到担忧,他们面临着更高的生活成本和不确定的未来,即使努力工作也难以实现财务自由。

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You might’ve missed it amid all the Congressional budget hoopla, but Senator Ted Cruz recently floated ending Federal Reserve interest payments, claiming it would save a trillion dollars over ten years. The problem? Not only would that plan save zero taxpayer dollars, it also goes against the Fed’s mandate to keep prices stable. Also in this episode: Amazon announces AI -generated video ads, Save the Children U.S. shifts gears amid USAID cuts, and FEMA puts pressure on local relief organizations.

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