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Behind the Bank Failures

Behind the Bank Failures

FromThe FRONTLINE Dispatch


Behind the Bank Failures

FromThe FRONTLINE Dispatch

ratings:
Length:
32 minutes
Released:
Mar 31, 2023
Format:
Podcast episode

Description

In the aftermath of the second and third-largest bank failures in U.S. history, correspondent James Jacoby joins the FRONTLINE Dispatch to talk about Age of Easy Money, a documentary examining the power of the Federal Reserve and our current economic uncertainty. 

The film draws on over two years of reporting on the Fed’s so-called “easy money” policies, with Jaocby and team charting the start of the Fed’s economic experiment after the 2008 financial crisis and again during COVID; the Fed’s decision to start raising interest rates in 2022; and what’s happened since — including recession fears, bank market disruptions, and concerns that the fight against inflation will trigger unemployment.

“In some ways there's been this kind of gravitational force at work, this invisible force, and people weren't able to necessarily recognize it,” Jacoby told host Raney Aronson-Rath. “At the root of it is what the Fed has been doing.” 

Age of Easy Money is now streaming on FRONTLINE’s website, the PBS Video App, and FRONTLINE’s YouTube channel. 

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Released:
Mar 31, 2023
Format:
Podcast episode

Titles in the series (100)

An award-winning, original, investigative series made by the team behind the acclaimed PBS documentary show, FRONTLINE. From the long and deadly arm of 9/11, to a police shooting in West Virginia with a startling twist, to what life is really like for children living in a Kenyan refugee camp, each episode follows a different reporter through an investigation that sometimes is years in the making. The FRONTLINE Dispatch – because some stories are meant to be heard. Produced at FRONTLINE’s headquarters at WGBH in Boston and powered by PRX. The FRONTLINE Dispatch is made possible by the Abrams Foundation Journalism Initiative.