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The Economy Explained
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The wide open possibility of the high seas

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Alex Goldmark

WASHINGTON, DC - MARCH 07: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee March 7, 2023 in Washington, DC. Win McNamee/Getty Images hide caption

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We grade Fed Chair Jerome Powell

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Photo taken on December 6, 2008 shows the logo of Credit Suisse at one of the Swiss bank branches in Zurich. FABRICE COFFRINI/AFP via Getty Images FABRICE COFFRINI/AFP via Getty Images hide caption

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FABRICE COFFRINI/AFP via Getty Images

The demise of Credit Suisse

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Planet Money Records Vol. 3: Making a hit

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WASHINGTON, DC - OCTOBER 06: Activists hit a piñata carrying empty pill bottles during a protest against the price of prescription drug costs in front of the U.S. Department of Health and Human Services (HHS) building on October 06, 2022 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Anna Moneymaker/Getty Images hide caption

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WASHINGTON, DC - MARCH 07: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee March 7, 2023 in Washington, DC. Powell spoke on the state of the U.S. economy and suggested that interest rates will need to stay higher for longer than expected in order to curb inflation. (Photo by Win McNamee/Getty Images) Win McNamee/Getty Images hide caption

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The Fed's new dilemma: Protect banks or fight inflation?

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SANTA CLARA, CALIFORNIA - MARCH 10: A worker (C) tells people that the Silicon Valley Bank (SVB) headquarters is closed on March 10, 2023 in Santa Clara, California. Justin Sullivan/Getty Images hide caption

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Casey Bloys, President of Programming of HBO, speaks onstage at HBO Max WarnerMedia Investor Day Presentation at Warner Bros. Studios on October 29, 2019 in Burbank, California. Presley Ann/Getty Images for WarnerMedia hide caption

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A Canadian Pacific railway locomotive pulls train cars east along a rail line past Morant's Curve near Lake Louise in Banff National Park, Alberta, Canada on November 26, 2021. Photo by PATRICK T. FALLON/AFP via Getty Images PATRICK T. FALLON/AFP via Getty Images hide caption

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A truck loaded with coal at the Karya Citra Nusantara (KCN) Marunda port in Jakarta. Adek Berry/AFP via Getty Images hide caption

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The value of good teeth

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