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!
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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
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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.