Current Affairs

PREVIEW: Lev Menand on the Federal Reserve and a public banking option

Episode Summary

Sparky speaks to Lev Menand, academic fellow and lecturer at Columbia Law School, who answers all Sparky's questions about the Federal Reserve: what it is, what money is, how banking works, Modern Monetary Theory—and, of course, whether money printer go brrr. This is a preview of an episode available in full to our Patreon subscribers. To gain full access to this episode, as well as lots of other fantastic bonus content, please consider becoming one of our subscribers at!