About this episode

The episode discusses the financial crisis and bailouts over the past sixteen years, along with a look at the resurgence of Bitcoin.

This week we zoomed out to take stock of the greatest financial heist in recorded history. Sixteen years of bailouts, money printing, and acronym soup that kept corporate America whole while the rest of us fell further behind. And then we took a quick detour into crypto, where Bitcoin is quietly creeping back up and the guy sitting on $62 billion worth of it really wants you to think that’s a sign you should buy in. Chapters Intro: 00:00:00 Quick Takes: 00:00:44 Max Notes: 00:06:01 Killer Left Take of the Week: 00:20:45 Chart of the Week: 00:23:05 Headlines: 00:26:07 Pod Love + Book Love: 00:28:46 Outro: 00:30:01 Resources ProPublica: Bailout Tracker: Tracking Every Dollar and Every Recipient U.S. Department of the Treasury: Troubled Asset Relief Program (TARP) MIT Sloan: Here’s how much the 2008 bailouts really cost Levy Economics Institute: A Detailed Look at the Fed’s Bailout by Funding Facility and Recipient Parker Poe: Summary of the $2 Trillion Federal CARES Act U.S. Department of the Treasury: Airline and National Security Relief Programs Brookings Institution: What did the Fed do in response to the COVID-19 crisis? U.S. Small Business Administration…

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