Zoltan Pozsar and Perry Mehrling Debate Bretton Woods 3.0
Credit Suisse strategist Zoltan Pozsar has found a new level of fame over the last year, arguing that we're witnessing the birth of a new currency regime that he calls "Bretton Woods 3.0". In this new...
11 Sep 20221h 12min
Ezra Klein on the Future of Supply-Side Liberalism
To the surprise of many people, the Biden administration has notched some significant economic policy wins this year. The CHIPS Act represents a major piece of industrial policy aimed at bolstering th...
8 Sep 202249min
Just How Bad Is the Economy Getting in China?
In the wake of the Great Financial Crisis, China arguably led the world out of the downturn. Its gigantic fiscal stimulus not only boosted domestic growth, it also created an incredible amount of dema...
5 Sep 202246min
Neel Kashkari on the Fed's Commitment to Defeating Inflation
At Jackson Hole, Federal Reserve Chair Jerome Powell gave a hawkish speech intended to leave no ambiguity about the Fed's commitment to defeating inflation. But what does that mean in practice? How ag...
31 Aug 202256min
Joelle Gamble Explains the Confusing State of the US Labor Market
The unemployment rate is down to 3.5%, which is far lower than just about anyone thought it would be a year ago. So that's great. On the other hand, measures of labor force participation are below whe...
29 Aug 202244min
Helene Meisler On What's Going On With the Stock Market Now
The Federal Reserve is in tightening mode. And there's that old adage "don't fight the Fed" which means in theory it's a bad time for stocks. And yet we saw a surprisingly powerful rally off the botto...
25 Aug 202248min
How Stablecoins Became a Powerful Force in Crypto
In theory, what gets people most excited about crypto is lines going straight up. But one of the biggest successes in crypto is the rise of stablecoins. Basically, stablecoins allow people to hold dol...
22 Aug 202258min
This Is What Actually Determines the Price of A Gallon of Gas
Gas prices are central to everything these days. Biden's approval rating seems to move inverse with the price of gasoline. The entire market started rallying after gasoline prices started moving lower...
19 Aug 202234min
