Intro

Prologue

Chapter One: Recessions Defined 

Chapter Two: Recessions of the Modern Era

Coffee Break

Chapter Three: Thwart. Mitigate. Or Fuck it. 

Chapter Four: Yo Max, we gonna be okay or what

Post Show Musings

Outro

We just came through the eighth “technical” recession over the past 50 years and many predict that another is around the corner. Depending upon who you believe we might already be in one, we are about to drop off a cliff or it’s only smooth sailing ahead. Today we talk about how to measure a recession, the different character of prior downturns and why it doesn’t really fucking matter to most of us. 

Chapters

Intro: 00:00:51

Prologue: 00:01:48

Chapter One: Recessions Defined: 00:05:08

Chapter Two: Recessions of the Modern Era: 00:09:20

Coffee Break: 00:22:33

Chapter Three: Thwart. Mitigate. Or Fuck it. 00:23:43

Chapter Four: Yo Max, we gonna be okay or what? 00:36:01

Post Show Musings: 00:46:20 

Outro: 01:03:13

Resources

National Bureau of Economic Research: Business Cycle Dating

The Balance: How Does the Fed Funds Rate Work, and What Is Its Impact?

CBS: Mortgage rates jump above 4% — prompting borrowers to return to a staple of the housing bubble

Macrotrends: Federal Funds Rate - 62 Year Historical Chart

The Conference Board: US Leading Indicators

St. Louis Fed: Personal Saving Rate 

Federal Reserve: Distribution of Household Wealth in the U.S. since 1989

Pod Love

The Economist Asks: How will the war in Ukraine change the world economy?

The David McWilliams Podcast: Living with inflation, the story of Turkey

UNFTR Episode Resources

Capitalism.

Corporate (Ir)Responsibility (Part I).

Corporate (Ir)Responsibility (Part II).

F*ck Milton Friedman.

Modern Monetary Theory.

Peak Oil.

Immigration Nation.

Student Debt.

--

If you like #UNFTR, please leave us a rating and review on Apple Podcasts: unftr.com/rate and follow us on Facebook, Twitter and Instagram at @UNFTRpod. Visit us online at unftr.com.

Buy yourself some Unf*cking Coffee at shop.unftr.com.

Subscribe to Unf*cking The Republic on Substack at unftr.substack.com to get the essays these episode are framed around sent to your inbox every week.

Check out the UNFTR Pod Love playlist on Spotify: spoti.fi/3yzIlUP.

Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations.

Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.

Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is written and hosted by inflation and distributed by interest rates.

Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, ‘Unf*cking the Republic.’

We just came through the eighth “technical” recession over the past 50 years and many predict that another is around the corner. Depending upon who you believe we might already be in one, we are about to drop off a cliff or it’s only smooth sailing ahead. Today we talk about how to measure a recession, the different character of prior downturns and why it doesn’t really fucking matter to most of us. 
Chapters
Intro: 00:00:51
Prologue: 00:01:48
Chapter One: Recessions Defined: 00:05:08
Chapter Two: Recessions of the Modern Era: 00:09:20
Coffee Break: 00:22:33
Chapter Three: Thwart. Mitigate. Or Fuck it. 00:23:43
Chapter Four: Yo Max, we gonna be okay or what? 00:36:01
Post Show Musings: 00:46:20 
Outro: 01:03:13
Resources
National Bureau of Economic Research: <a href="https://www.nber.org/research/business-cycle-dating">Business Cycle Dating</a>
The Balance: <a href="https://www.thebalance.com/fed-funds-rate-definition-impact-and-how-it-works-3306122">How Does the Fed Funds Rate Work, and What Is Its Impact?</a>
CBS: <a href="https://www.cbsnews.com/news/mortgage-rates-4-percent-adjustable-rate-mortgages-housing/">Mortgage rates jump above 4% — prompting borrowers to return to a staple of the housing bubble</a>
Macrotrends: <a href="https://www.macrotrends.net/2015/fed-funds-rate-historical-chart">Federal Funds Rate - 62 Year Historical Chart</a>
The Conference Board: <a href="https://www.conference-board.org/topics/us-leading-indicators">US Leading Indicators</a>
St. Louis Fed: <a href="https://fred.stlouisfed.org/series/PSAVERT">Personal Saving Rate </a>
Federal Reserve: <a href="https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/#quarter:129;series:Net%20worth;demographic:networth;population:all;units:shares">Distribution of Household Wealth in the U.S. since 1989</a>
Pod Love
The Economist Asks: <a href="https://www.economist.com/podcasts/2022/05/26/how-will-the-war-in-ukraine-change-the-world-economy">How will the war in Ukraine change the world economy?</a>
The David McWilliams Podcast: <a href="https://open.spotify.com/episode/2rBZ0En555mppNvqRf1DeN?si=VTfy4kyeQlu4dlGBtW95kA">Living with inflation, the story of Turkey</a>
UNFTR Episode Resources
<a href="https://www.unftr.com/episodes/unftr7">Capitalism.</a>
<a href="https://www.unftr.com/episodes/unftr18">Corporate (Ir)Responsibility (Part I).</a>
<a href="https://www.unftr.com/episodes/unftr19">Corporate (Ir)Responsibility (Part II).</a>
<a href="https://www.unftr.com/episodes/unftr23">F*ck Milton Friedman.</a>
<a href="https://www.unftr.com/episodes/unftr26">Modern Monetary Theory.</a>
<a href="https://www.unftr.com/episodes/unftr49">Peak Oil.</a>
<a href="https://www.unftr.com/episodes/unftr53">Immigration Nation.</a>
<a href="https://www.unftr.com/episodes/unftr60">Student Debt.</a>
--
If you like #UNFTR, please leave us a rating and review on Apple Podcasts:<a href="https://unftr.com/rate"> unftr.com/rate</a> and follow us on<a href="https://www.facebook.com/Unfucking-The-Republic-102319714930389"> Facebook</a>,<a href="https://twitter.com/unftrpod"> Twitter</a> and<a href="https://www.instagram.com/unftrpod/"> Instagram</a> at @UNFTRpod. Visit us online at<a href="https://www.unftr.com/"> unftr.com</a>.
Buy yourself some Unf*cking Coffee at<a href="https://shop.unftr.com/"> shop.unftr.com</a>.
Subscribe to Unf*cking The Republic on Substack at<a href="https://unftr.substack.com/"> unftr.substack.com</a> to get the essays these episode are framed around sent to your inbox every week.
Check out the UNFTR Pod Love playlist on Spotify:<a href="https://open.spotify.com/playlist/1PpzNXBub9FLngMradJByC?si=abaed3d396504fae"> spoti.fi/3yzIlUP.</a>
Visit our bookshop.org page at<a href="https://bookshop.org/shop/UNFTRpod"> bookshop.org/shop/UNFTRpod</a> to find the full UNFTR book list, and find book recommendations from our Unf*ckers at<a href="https://bookshop.org/lists/unf-cker-book-recommendations"> bookshop.org/lists/unf-cker-book-recommendations</a>.
Access the UNFTR Musicless feed by following the instructions at<a href="https://www.unftr.com/accessibility"> unftr.com/accessibility</a>.
Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (<a href="https://www.mannyfacesmedia.com">mannyfacesmedia.com</a>). Original music is by Tom McGovern (<a href="http://www.tommcgovern.com/">tommcgovern.com</a>). The show is written and hosted by inflation and distributed by interest rates.
Podcast art description: Image of the US Constitution ripped in the middle revealing white text on a blue background that says, ‘Unf*cking the Republic.’

Unf*cking The Republic® (UNFTR) is a series of audio essays on the grand American experiment lovingly curated and presented by a quasi-anonymous political writer. 

Each essay reflects on a singular topic that is generally misunderstood or purposely obfuscated by the so-called “powers that be.” As we know, history is written by the victors and can be perilously manufactured to favor destructive world views. These views become intractably ingrained in the public consciousness and pervert public policy, oftentimes with horrific results. 

As of this podcast’s founding, we find ourselves living in a true kakistocracy. The disconnect between what we believe and what is actually happening below the surface or in plain sight is where this podcast lives. 

Together we’ll upend conventional wisdom, blow up narratives on the left, right and center and use magical devices like facts, logic and reason to explain how exactly we arrived in bizarro America, the funhouse mirror version of what was originally intended. #UNFTR

Unf*cking The Republic® (UNFTR) is a series of audio essays on the grand American experiment lovingly curated and presented by a quasi-anonymous political writer. 
Each essay reflects on a singular topic that is generally misunderstood or purposely obfuscated by the so-called “powers that be.” As we know, history is written by the victors and can be perilously manufactured to favor destructive world views. These views become intractably ingrained in the public consciousness and pervert public policy, oftentimes with horrific results. 
As of this podcast’s founding, we find ourselves living in a true kakistocracy. The disconnect between what we believe and what is actually happening below the surface or in plain sight is where this podcast lives. 
Together we’ll upend conventional wisdom, blow up narratives on the left, right and center and use magical devices like facts, logic and reason to explain how exactly we arrived in bizarro America, the funhouse mirror version of what was originally intended. #UNFTR

Advertisement