Update: a glitch appeared after I uploaded this week's episode. I've re-uploaded the file and that glitch is gone, but if your episode is getting weird at around 11:34, kindly delete the episode and re-download it to hear the corrected version. Apologies for that!

This week we talk about the business cycle, monetary policy, and the Fed.

We also discuss recessions, interest rates, and subprime lending.

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