Discover how fiscal policy is unsustainable and what the best options are to build a healthy economic future. Economist John Cochrane joins Andy.

SHOW NOTES:

4:22: How Can The Fed Kill Inflation?

10:18: How Did The Fed Keep Inflation So Low For So Long?

16:01: Is The Current Fiscal Policy Sustainable?

21:35: What Does The U.S. Look Like If Its Fiscal Policy Fails?

27:13: Where Does Inflation Come From?

31:45: How Is MMT Seductive?

39:01: How Can People Prepare For A Sour Economy?

Discover how so-called experts fail to predict financial crises. Howard Adler, former U.S. Treasury official, joins Andy to discuss how the next financial boom-and-bust cycle is growing, and how you can prepare for it.

SHOW NOTES:

4:57: How Does The U.S. Treasury Justify Its Response To Covid?

12:42: How Does Each Financial Crisis Result In Expanded Government Powers?

16:40: How Is The Fed Likely Handcuffed To Fix Inflation?

18:55: How Does The Fed Create Bubbles?

24:40: Where Does The Economy Currently Stand In The Covid Bubble?

29:00: How Does Fed Policy Put The U.S. Dollar At Risk?

37:31: What Risk Does The Reverse Repo Market Present?

42:47: Is It Likely That The Government Would Bail Out 401(k)s?