Should We Prepare For a Recession?
"Econ 102" with Noah Smith and Erik Torenberg
Shownotes Transcript
This week Erik Torenberg and Noah Smith are joined by Itay Vinik, Co-Founder & Chief Investment Officer at Equi, to explore their different perspectives on the current state of the economy and the likelihood of a recession. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org) and pick “Podcast” and enter Econ 102 at checkout.
Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don’t have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity
Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks)
Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822)
Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv)
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RECOMMENDED PODCAST: History 102 with WhatifAltHist
Every week, creator of WhatifAltHist Rudyard Lynch and Erik Torenberg cover a major topic in history in depth -- in under an hour. This season will cover classical Greece, early America, the Vikings, medieval Islam, ancient China, the fall of the Roman Empire, and more.
Subscribe on Spotify: https://open.spotify.com/show/36Kqo3BMMUBGTDo1IEYihm)
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YouTube: https://www.youtube.com/@History102-qg5oj)
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We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com).
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Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co)
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LINKS:
- Noahpinion on Substack: https://www.noahpinion.blog/)
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X / TWITTER:
@VinikItay (Itay)
@eriktorenberg (Erik)
@noahpinion (Noah)
@Econ102_Podcast (Econ 102)
@TurpentineMedia
TIMESTAMPS
(00:20) Intro
(01:03) The current state of U.S. economy
(03:43) Future economic trends
(08:25) Economic indicators and predictions
(15:24) SPONSOR: GIVEWELL
(16:51) Cont. economic indicators and predictions
(19:45) Potential economic risks
(21:46) Inflation and fiscal policy
(29:29) SPONSOR: NETSUITE
(32:48) Inflation and monetary policy
(35:29) Recapitalization of the banking system
(36:34) Long-term deflationary trends
(43:23) Housing’s role in wealth effect
(48:21) Risky debt
(55:22) Conclusions on the future of the economy