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KJJP-FM 105.7 is currently operating at 15% of power, limiting its signal strength and range in the Amarillo-Canyon area. This due to complicated problems with its very old transmitter. Local engineers are continuing to work on the transmitter and are consulting with the manufacturer to diagnose and fix the problems. We apologize for this disruption and service as we work as quickly as possible to restore KJPFM to full power. In the mean time you can always stream either the HPPR Mix service or HPPR Connect service using the player above or the HPPR app.

What The Fed Was Designed To Do

By Bronson Arcuri

Published March 24, 2020 at 8:15 AM CDT

Don't see the video? Click here.

COVID-19 isn't the first natural disaster to shake the world economy, but today we're more prepared for one than ever.

In 1906, an earthquake in San Francisco started a chain of events that destroyed the U.S. economy by 1907. It also led to the creation of the country's most powerful economic tool: the Federal Reserve.

Listen to the original Planet Money podcast episode here! Subscribe to our video series here — and while you're at it, subscribe to our podcast.

Bronson Arcuri

Bronson Arcuri is a video producer at NPR, where he directs the "Planet Money Shorts" video series and helps out with Tiny Desk Concerts from time to time. He also produced "Elise Tries" and "Ron's Office Hours" along with the "Junior Bugler" series, which he still insists was "pretty good for what it was."

See stories by Bronson Arcuri