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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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Marketplace All-in-One
AI Deep Dive AI Chapters Transcript
People
A
Andrew Barley
B
Bill English
B
Bill Thompson
C
Catherine Thompson
G
Garrett Johnson
G
Gwendolyn Como
J
James Klaus
K
Kabir Bedi
K
Kevin Como
K
Kuhn-Powles
S
Seth Carpenter
Y
Yanti Sarepto
Topics
Kristen Schwab: 我在纽约长岛采访了一对退休夫妇，Bill和Catherine。他们生活富足，对目前的财务状况感到满意，可以负担旅行和爱好，无需过多考虑开销。他们认为自己是最后一批能够过上富裕蓝领生活的世代。 Bill Thompson: 我认为我们这一代很幸运，通过工会工作和努力，我们积累了足够的财富，可以安享晚年。我们不用太担心钱的问题，可以自由地旅行和做自己喜欢的事情。我的邻居们大多是工会成员，从事着稳定的蓝领工作。 Catherine Thompson: 我对我们的儿子们感到担忧。他们面临着医疗保险、子女教育和住房等方面的经济压力。现在的年轻人即使有不错的工作，也很难存钱买房或为子女教育做准备。我们很幸运能够帮助他们，但并非所有人都能得到这样的支持。社会保障体系面临威胁，税收政策也加剧了贫富差距，这让我对未来感到担忧。

Deep Dive

Chapters
This chapter explores the financial well-being and perspectives of a retired Long Island couple, Bill and Catherine Thompson, highlighting their comfortable retirement and concerns about their children's economic prospects. Their experiences illustrate the contrast between their generation's economic stability and the challenges faced by younger generations.
  • Comfortable retirement of a Long Island couple on $150,000 annual income from pensions and Social Security.
  • Concerns about their sons' financial situations, including lack of health insurance and high living costs.
  • Contrast between the older generation's financial security and the challenges faced by younger generations.

Shownotes Transcript

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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