My students have suggested for years that I am most effective in class when I “let it rip.” I’m not sure what letting it rip looks like on a podcast, but I push the limits of my comfort in this episode by discussing politics and the polarization of our great nation candidly.
I tell the truth about the political parties, Congress, and the Executive Branch, and I describe the fundraising and re-election mindset that prompts our leaders to bankrupt future generations in their effort to maintain robust economic indicators today. I explain that this isn’t “the Biden economy,” and last year wasn’t “the Trump economy.”
Wall Street and Washington
I also discuss the link between Wall Street and Washington in this episode. The circle is a tight one and it impacts our nation significantly. These seemingly incestuous relationships happen somewhat naturally, I think, but they alarm me, nonetheless. I’m a fan of the watchdog organizations that hold government accountable at all levels.
Finally, I discuss crypto currency in this episode. Although some of my friends and students are advocates for investing in crypto, I struggle to embrace investing in this “currency” because values appear to me to be arbitrarily assigned. Further, these values won’t hold up without a “greater fool” coming along who agrees to pay more for a currency that doesn’t really have objective value the way equities do. We just scratch the surface on this topic in this episode. Please let me know if you find this and related topics interesting. My email address is firstname.lastname@example.org.
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