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Single best idea? What's the purpose here? The purpose here is you have won two three fifteen twenty minute podcasts that you listen to every day. So I said, does the world need another twenty minute podcast to listen to every day? I don't think so, because everybody's glued to Odd Lots, Tracy Loay and Joe Wisenthaler, David Gurr's wonderful work with a big take. So what do you need? How about a single best idea? Which two ideas? And if it's three minutes or four minutes or five minutes, great,
that's what we do. We're building it out. You know. Trying to figure out who to put on today was easy. What a wonderful Monday. It was after the Super Bowl, way too much football talk. Michael Purvis was with us. The highlight was talking about Llban and his wonderful three months he spends in New Hampshire. It's like I'm Golden
Pond with Henry Fonda years ago and Captain Hepburn. Michael Purvis was in our studios here in the dead of winter, and he talked about the spirit that's out there, not real GDP, but GDP plus the inflation component or current or nominal GDP.
Just to put politics to the cipher A second, I would say, regard if Harris was president of Preparess, I think we have been in the midst of a nominal GDP shift that's going higher. There's a lot of structural reasons, really nothing to do with COVID or anything like that. These are just structural trends that have been that have been occurring slowly and steadily. And I think I've been very constructive on the economy. I wasn't a hard landing guy a year ago, and I'm not a softer hard
landing effect here. I think what's happening here is we're really normalizing to something other than twenty nineteen, twenty eighteen, twenty seventeen. I think we're normally back to some other things. And there's a lot of structural forces that are going to keep inflation from getting to the FEDCE target. But also they'll be growth supportive too.
Can't say enough about this. The great miss call that I've observed on Bloomberg surveillance is not understanding growth supportive. That's what we've had quarter after quarter, even this weekend, I said to myself, what if his growth continues, what if we continue with four and a half four point eight percent five percent plus nominal GDP. I'm not predicting that.
I don't have a clue what's going to happen. But it's been the great miss call the growthiness out there from COVID stimulus and on to perhaps a new productivity. Michael Purvis of tallbacking, it's always a surprise to come in. I really never look at the schedule. When I come in, I sort of like the shock of, oh, this is who we've got today. Linda Dissel was on from Federator a mess, absolutely spectacular on the need to be in the market even if you're scared. Staff, We thank her
Eagles fan. She celebrated Eric belchun Is emailed in getting ready for the Philadelphia Parade down in his Philadelphia. But the real honor today was to have Robert T. Kaplin with us. My book of the year last year is The Loom of Time. It is spectacular. It's a walk through Morocco east to Persia. Just a wonderful, wonderful book across the Mediterranean, through the Levant to Iran. He made very clear. Iran is a key point in his look
right now. His new book out is waste Land, and we talked to him about something that's come up a number of times, the destruction of the American middle.
One of the problems with America in terms of American power and America's trajectory is that it is is that the center is gone. Rather than a center right and the center left governing the country where elect presidential elections were not existential, you now have a progressive left and a populist right. Neither seems to talk to the other. I think after Trump, what you're likely to get is another populist right regime, or go back to the progressive left.
The real story in American politics is the destruction of the center, the destruction of the political center, which is partly the result of the end of the print and typewriter age and the beginning of the digital video era, where news is not in the middle nuanced. It's all about passion and anxiety and short bursts of simplicity through social media.
Robert Kaplan there out in social and Twitter and LinkedIn. In the coming day, in celebration of his new book, Wasteland, I'll feature the loom of time waste Landing. He has a wonderful book on tyranny, sort of buried from a couple of years ago. It's a monograph of one hundred and ten pages of show feature that on tragedy as well.
Robert D. Kappan an acclaimed author, And thank you so much to Michael Purvis and others today on your commute across the nation in Kansas City, in Philadelphia, we're on Apple car Play, Android Auto, and Sirius, and of course on the Eastern Shore in the Corrider ninety nine one FM, Bloomberg eleven three AM and ninety two nine from Aunt Cataden down to Block Island. We're on YouTube. Subscribe to Bloomberg podcasts and on YouTube podcasts. It's single best idea. N H were including d