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Burton Abrams

๐Ÿ‘ค Speaker
81 total appearances

Appearances Over Time

Podcast Appearances

Planet Money
The case for Fed Independence in the Nixon Tapes

You have to have white hair, spectacles, and a pipe. Apparently, Burns would use the pipe to emphasize statements that he was making. Oh, how does that work? When he was asked a question, he would take time to restuff the pipe, make it more dramatic before he spoke. So that's a good trick.

Planet Money
The case for Fed Independence in the Nixon Tapes

Eisenhower, to his credit, said there's no way we're going to do that. Unless we have evidence that the economy is entering into a severe recession, we're not going to manipulate the economy for political gain. Nixon was very upset by this, lost the election, and said that's not going to happen again.

Planet Money
The case for Fed Independence in the Nixon Tapes

Eisenhower, to his credit, said there's no way we're going to do that. Unless we have evidence that the economy is entering into a severe recession, we're not going to manipulate the economy for political gain. Nixon was very upset by this, lost the election, and said that's not going to happen again.

Planet Money
The case for Fed Independence in the Nixon Tapes

Eisenhower, to his credit, said there's no way we're going to do that. Unless we have evidence that the economy is entering into a severe recession, we're not going to manipulate the economy for political gain. Nixon was very upset by this, lost the election, and said that's not going to happen again.

Planet Money
The case for Fed Independence in the Nixon Tapes

The tapes were not extremely accessible. They were available on reels. There were no transcriptions or very few. They certainly didn't transcribe the monetary policy conversations. Sure.

Planet Money
The case for Fed Independence in the Nixon Tapes

The tapes were not extremely accessible. They were available on reels. There were no transcriptions or very few. They certainly didn't transcribe the monetary policy conversations. Sure.

Planet Money
The case for Fed Independence in the Nixon Tapes

The tapes were not extremely accessible. They were available on reels. There were no transcriptions or very few. They certainly didn't transcribe the monetary policy conversations. Sure.

Planet Money
The case for Fed Independence in the Nixon Tapes

It was a little cassette player. Yeah. And then you had to put on earphones and try to make out the garbled conversations that existed.

Planet Money
The case for Fed Independence in the Nixon Tapes

It was a little cassette player. Yeah. And then you had to put on earphones and try to make out the garbled conversations that existed.

Planet Money
The case for Fed Independence in the Nixon Tapes

It was a little cassette player. Yeah. And then you had to put on earphones and try to make out the garbled conversations that existed.

Planet Money
The case for Fed Independence in the Nixon Tapes

People would knock and bang on the table like. Is that true? Can you hear him banging on the table in the Nixon? Oh, yes. Oh, yes. And coffee cups hitting, you know, they serve coffee and the coffee cups would be clattering.

Planet Money
The case for Fed Independence in the Nixon Tapes

People would knock and bang on the table like. Is that true? Can you hear him banging on the table in the Nixon? Oh, yes. Oh, yes. And coffee cups hitting, you know, they serve coffee and the coffee cups would be clattering.

Planet Money
The case for Fed Independence in the Nixon Tapes

People would knock and bang on the table like. Is that true? Can you hear him banging on the table in the Nixon? Oh, yes. Oh, yes. And coffee cups hitting, you know, they serve coffee and the coffee cups would be clattering.

Planet Money
The case for Fed Independence in the Nixon Tapes

I mean, from a picture you showed yesterday, these people are, they're buying REITs instead of REITs.

Planet Money
The case for Fed Independence in the Nixon Tapes

I mean, from a picture you showed yesterday, these people are, they're buying REITs instead of REITs.

Planet Money
The case for Fed Independence in the Nixon Tapes

I mean, from a picture you showed yesterday, these people are, they're buying REITs instead of REITs.

Planet Money
The case for Fed Independence in the Nixon Tapes

Burns is making an appeal to Nixon that he doesn't want to stimulate anymore. He's still holding out.

Planet Money
The case for Fed Independence in the Nixon Tapes

Burns is making an appeal to Nixon that he doesn't want to stimulate anymore. He's still holding out.

Planet Money
The case for Fed Independence in the Nixon Tapes

Burns is making an appeal to Nixon that he doesn't want to stimulate anymore. He's still holding out.

Planet Money
The case for Fed Independence in the Nixon Tapes

No. So I suspect that behind the scenes, pressure is still to give Nixon the monetary policy he wants.