Rich Clarida's Money Splurge: Music, New Album

Watch on YouTube ↗  |  August 01, 2026 at 13:54  |  1:06  |  Bloomberg Markets

Summary

Former Fed Vice Chair Richard Clarida discusses his personal splurge on music gear and recording his upcoming folk-rock album 'Take Two', a follow-up to his 2016 release.

  • Clarida says his splurge is on music: buying guitars, recording equipment, and funding album production.
  • He leaves saving decisions to his wife.
  • His 2016 album is available on Spotify, Apple Music, and YouTube.
  • A new album titled 'Take Two' is coming later this year.
  • The genre is folk-rock, influenced by The Beatles.
  • Clarida writes the songs and sings, working with studio musicians in London, LA, and Nashville.
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