32: Macroeconomics For The Soul, with Eric Mason

Rich By 36

Oct 22, 2020•45 min•Ep. 32

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Episode description

Today I'm joined for a phenomenal conversation by recurring guest and economist Eric Mason.

Eric and I tackle Debt/GDP. At our current pace, Debt/GDP will exceed 200% by 2050. Does this matter? What are the consequences of such a high ratio and what other examples of developed nations with high debt/GDP can we look too for guidance?

Money Velocity. What does this mean and why does it matter? JPM's Q3 earnings report revealed that for the first time in history, the ratio of loans to deposits dropped below 50%. Why does this matter and what are the implications? What happens when that ratio unwinds?

We cover a lot more including ALLL and Eric introduces his new podcast, Astro-nomics which talks about the economic consequences of monetizing the final frontier.

What a show.

Connect at George@richby36.com. Music: Soundcloud.com/theHalfTruthsBand

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