Season 3, Episode 11: WTF is the “Fed”?


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Jul 12 2024 38 mins  

Did you listen to Season 3, Episode 1 where Caitlin grilled Sara about whether anybody ever knows if we’re in a recession or not, and Sara said we do because a brilliant economist named Claudia Sahm invented a rule called the Sahm Rule and male economists are always mansplaining the Sahm rule to Sahm?

If yes, then oh my god, you’ll never believe who our special guest is this week: Claudia Fucking Sahm! The economist who invented the Sahm rule!!!

Claudia Sahm, Chief Economist of New Century Advisors and former Federal Reserve economist, came on Women on the Verge of a Financial Breakthrough to answer our (Caitlin’s) dumb questions about her job and the economy.

Like, for instance, what is the Federal Reserve again? And, just to review for people that missed the last class: What is “economics” again? Hmmm. This is tricky.

Come listen in to Sara resisting the urge to ask all of her high-level fancy-pants-finance questions with every fiber in her body so Caitlin can complain about the price of Cheerios!

Here is Claudia’s Substack to get all of her research and thoughts into your inbox.

Ask us your dumb investing and finance questions for Season 3 on our Ask Us page!

We have the social medias!! Here’s our Instagram and Facebook and LinkedIn.

This episode was edited by our co-producer Kelly West. Music by Bad Bad Hats and Devmo.