Discover how America’s sophisticated economic system lends itself to so many cycles of boom-and-bust. SHOW NOTES: 2:53: What Does The Savings & Loan Failure Teach Us About Today’s Economic Stress? 7:38: What Causes America’s Economic Failures? 11:44: How Do Financial Regulators Fail? 19:08: How Is Financial Illiteracy The Biggest Risk? 24:47: How Is Confidence The Key To Any Financial System? 32:59: How Damaging Is Q.E.? 37:19: How Have Bailouts Created More Economic Risk? 39:56: What Current Options Does The U.S. Have Today To Avoid Another Bust? 43:09: Why Are The Best Financial Minds Wary Of Helping The Government? 46:29: How Is China “Beating” The U.S.? 48:25: How Will China Win The A.I. Race? 54:37: What Are The Chances The Dollar Falters As World Reserve Currency?
Food prices are skyrocketing. Food shortages are more frequent. Global food crises are predicted. Andy speaks with a food economist who offers insight into the next expected economic crisis. SHOW NOTES: 9:01: What Is The Risk Of A Global Food Shortage? 11:07: How Would Localizing Food Production Impact Inflation? 14:44: How Can Food Inflation Lead To Social Unrest? 18:50: How Fragile Are Food Supply Chains? 24:54: How Does Food Inflation Impact The Psychology Of A Country? 29:56: How Does Specialized Production Increase Risk? 35:30: How Likely Is A Near-Term Recession In The U.S.?
Discover how economics are understood as a series of tradeoffs. Our economic policies are too often convoluted with ingredients that stray from common sense. Matthew Hennessey joins Andy to discuss how you can cut through “magical thinking” and use economics to make better choices. SHOW NOTES: 5:28: Why Are So Many People Intimidated By Economics? 7:33: How Have Economics Become “Over-Credentialized?” 10:17: How Is MMT An Example Of Economic “Magical Thinking?” 14:54: How Are Economics A Series Of Choices? 30:42: What Can Steve Jobs Teach Us About Economics? 38:08: What’s Wrong With The Fed Printing Money To Solve Problems?
Discover how the U.S. will fund the future. Richard Duncan joins Andy to discuss money, credit and the future of the markets. SHOW NOTES: 17:46: How Has The Fed Changed Over The Last 100 Years? 21:53: How Did The Fed Become The World’s Most Powerful Economic Institution? 25:49: How Did The Money Revolution Occur? 34:18: How Did Globalization Enable The Fed To Print Massive Amounts Of Money? 38:26: How Is Our Economic System Addicted To Credit? 45:31: How Can Economic Dogma Limit Investors? 56:10: How Should The Fed Fund The Future? 1:09: How Can The Fed Control Inflation? 1:23: How Must The Fed Spend To Secure The U.S. From China? 1:38: How Can The U.S. Best Feed Its Addiction To Credit?
Discover how runaway inflation is impacting investing, wealth and the psychology of Americans. Economist Jay Prag joins Andy to discuss the likelihood of reversing inflation with a recession. SHOW NOTES: 6:06: How Is The Fed Fueling Inflation? 11:39: Why Has Economy Not Entered Hyperinflation? 20:54: How Does The Ukraine War Impact Inflation? 26:05: How Does The Fed Behave Like An Addict? 35:05: How Will The Dollar’s Role Change? 41:10: How Is Russia’s Gold Purchasing Impacting The Global Economy? 44:43: How Do You Financially Plan For Inflation & Recession? 49:54: Why Are So Many Americans Embracing Socialism? 51:06: Is MMT A Failure? 54:56: What Is The Future Of Crypto? 1:06: Why Is The Economic Outlook For 2022 So Uncertain?
SUMMARY: Discover how America and China are waging a financial war that impacts every citizen around the globe. SHOW NOTES: 5:42: How Does Bretton Woods Frame The Current Financial Cold War? 11:17: Why Is The Dollar Still The Reserve Currency? 14:48: Is The Digital Yuan Likely To Overtake The Dollar As Reserve Currency? 16:33: Why Are The Saudis Considering Payment For Oil In Yuan? 24:02: What Is America’s “Burden Of A Superpower?” 29:43: Is The Current Global Financial System Sustainable? 32:21: How Will Efficiency Determine The Future Of Money? 35:43: Is Capitalism In Danger Of Collapsing? 44:29: How Does Japan Project The Future Of The U.S.? 52:13: How Will The Ukraine War Impact U.S.-China Relations?
SUMMARY: Discover how to start a business, or transition from an employee to a business owner. SHOW NOTES: 3:34: How Does A Person Get Started In Entrepreneurship? 6:24: How Does Entrepreneurship Expose Your Weaknesses? 11:03: Where Does A Person Educate Themselves On Entrepreneurship? 13:48: How Is Mission Vital To Entrepreneurial Success? 15:06: How Is Entrepreneurship A Lifestyle? 16:38: Why Do Young Entrepreneurs Need To Focus On Their Legacies Now? 18:57: What Are The Advantages Of Buying A Business As Opposed To Starting One? 21:05: How Does An Aspiring Entrepreneur Measure His Passion? 22:03: How Do Successful Entrepreneurs Deal With Failure?
SUMMARY: Gas prices are soaring. Food prices are spiking. Discover how commodities markets are contributing to economic chaos around the globe. SHOW NOTES: 6:04: How Are Traders Detached From Fundamentals? 10:52: How Will Expensive Oil Impact Other Commodities? 18:07: What Will Trigger Hyperinflation? 20:21: How Does Debt Disappear? 27:57: How Will The Ukraine War Contribute To Massive Food Shortages?
SUMMARY: Discover what it takes to successfully trade as uncertainty in the economy rises. Alex Gurevich joins Andy to discuss his trading strategy during the pandemic. SHOW NOTES: 5:10: How Has The Pandemic Changed Trading? 8:09: How Was The Market Foreshadowing The Drop In March 2020? 15:03: What Is The Difference Between Traders And Investors? 19:35: What Is The Struggle Of Insurance? 22:19: What Are The Lessons From The Pandemic Market Drop Of 2020? 27:12: What Can The Fed Do About Inflation? 30:49: Could The Market Drop To Pre-Pandemic Levels? 39:44: How Do Traders Develop A Winning Style?
SUMMARY: Discover what the GameStop/Reddit/Robinhood Revolution exposed about investing. Spencer Jakab joins Andy with analysis of this historic chapter in investing that sent shockwaves through the markets and provided many unintended consequences. SHOW NOTES: 5:17: How Do Online Trading Platforms Influence Trading? 10:46: Have Markets Ever Experienced A GameStop/Robinhood-type Event? 15:28: How Was GameStop Uniquely Positioned To Be Massively Shorted? 17:55: How Did The CEO Of GameStop Win? 22:09: How Are Investors Living In A Magical Time? 26:39: How Can Inexperienced Traders Hedge Against Risk?