Reserve Judgment: How To Run a Central Bank

Reserve Judgment: How To Run a Central Bank

From Many Happy Returns by PensionCraft

June 3, 2026 · 44 min · Episode 221

About this episode

The episode discusses the transition of central bank leadership and the implications for economic policy amidst recent challenges.

The Powell era is over — a pandemic, two wars, and the worst inflation in four decades. We ask whether JPow did a good job, or just survived it. Now Kevin Warsh inherits the chair. But what actually changes? Beneath the handover lie bigger questions: what a central bank is really for, who it answers to, and whether any of it works the way they claim. --- Thank you to Trading 212 for sponsoring this episode. Claim free fractional shares worth up to ‎£⁠100. Just create and verify a Trading 212 Invest or Stocks ISA account, make a minimum deposit of £1, and use the promo code "RAMIN" within 10 days of signing up, or use the following link: Sponsored Link. Terms apply - trading212.com/join/RAMIN When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future results. Pies & Autoinvest is an execution-only service. Not investment advice or portfolio management. Automatic investing refers to executing scheduled deposits. You are responsible for all investment and rebalancing decisions. Free shares can be fractional. 212 Cards are issued by Paynetics which provide all payment services. T212 provides customer support and user…

People in this episode

Host: PensionCraft

Guest: Kevin Warsh

Topics covered

  • central banking
  • inflation
  • economic policy
  • financial crisis
  • leadership transition

Keywords

  • central bank
  • inflation
  • Kevin Warsh
  • JPow
  • economic policy
  • financial crisis
  • Trading 212

Sponsors

Trading 212

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