Why Did the Fed Change Its Mind?
A year ago the Fed was cutting rates. This week it raised them. So is inflation real, or is it just oil? Karl digs into the Fed's credibility, why stocks have often shrugged off the first rate hike, a...
19 Syys 33min
If $5,000 Is Good, Why Not $50,000? What History Says About Government Checks
A $5,000 check for every American adult sounds great. So why not $50,000? Why not a million? The proposed "Trump Dividend" has put government checks back in the headlines. Karl Eggerss looks at what h...
12 Syys 29min
History of Money Series: When the Fed Took Rates to 20%
In the early 1980s, homebuilders started mailing two by fours to the Federal Reserve. Car dealers mailed in keys to cars nobody could finance. Farmers drove their tractors to Washington and parked the...
5 Syys 24min
This Isn't 2008: What Wall Street Is Actually Building Around AI Debt
A post was written on the internet this week warning that Wall Street is quietly building the same kind of products that blew up the housing market in 2008. It had real numbers in it. It was a scary p...
29 Elo 24min
The Worry List Is Long and Stocks Keep Going Up
Long rates hit their highest level since 2007, the national debt topped $40 trillion, and Treasury Secretary Scott Bessent announced he's doubling long-dated bond buybacks. Karl breaks down what that ...
22 Elo 24min
History of Money Series: The Bank Holiday of 1933 - The Week America Closed Every Bank
Imagine waking up tomorrow and every bank in America is closed. Not just yours. All of them. No withdrawals, no cash, no way to make payroll. And nobody can tell you when it ends. That happened. In Ma...
15 Elo 24min
History of Money Series: Black Monday 1987 - The Worst Day in Market History
October 19, 1987. The Dow fell 22.6% in a single day. It's still the worst day in the history of the American stock market, nearly double the worst day of the 1929 crash. And here's the part almost no...
8 Elo 28min
Money Won't Matter in 2036 - Should You Believe It?
The richest man in the world, Elon Musk, just told The Economist that money won't matter a decade from now. Not that it'll look different, but that it won't matter. And he laid out the mechanism: AI a...
1 Elo 20min
