634. “Fault-Finder Is a Minimum-Wage Job”
Episode
62 min
Read time
2 min
Topics
Economics & Policy
AI-Generated Summary
What It Covers
Chicago Fed President Austin Goolsbee discusses Federal Reserve operations, tariff impacts on inflation, monetary policy decisions, regional banking functions, and maintaining central bank independence under political pressure.
Notable Moment
Goolsbee reveals the Chicago Fed distributes 140 million dollars daily in cash while taking in 120 million, with counterfeit detection machines catching only 10-20 fake bills per day.
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