In a speech today, former Vice President Mike Pence and republican presidential candidate said the GOP is at a crossroad between conservatism and populism. We’ll get into why we’re hearing a lot less about fiscal conservatism these days. Before that, Kai gives us the skinny on his interview with Chicago Fed President and whether the central bank should raise it’s inflation target.
Here’s everything we talked about:
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Why the Fed won’t hop on the rate-cutting bandwagon just yet
What summer heat waves mean for prisons
The good, the bad and the ugly of election polling
A shadow looms over the Fed
The long game of high interest rates
The growing troubles at OpenAI
A Trump-Musk bromance
How Big Food changed the way we eat
Biden doubling down on tariffs
How the Palestinian financial system is tied up in Israel
Private equity, endless shrimp and Red Lobster’s decline
Neoliberalism’s sleight of hand
Getting deep about deepfakes
The price tag on friendship
Whaddya wanna know about key inflation measures?
The great Bumble fumble
From “Million Bazillion”: What are labor unions?
The value of “third places”
What grocery aisle gossip can tell us about the economy
The lowdown on joint fundraising committees
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