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One of the top minds in macro explores the key debates shaping the economic landscape.
This episode is sponsored by Nexo.io and Circle.
Lyn Alden, investment researcher and strategist with a keen eye on both crypto and traditional markets, joins NLW on today’s “The Breakdown.” Listen for a conversation about the state of the market and projections for the future including:
Inflation at a high number, 5%, leaves investors and market observers jumpy. On top of that, many have a hard time believing the U.S. Federal Reserve’s narrative for inflation as outlined in the recent FOMC meeting. How is this inflation different from previous spikes?
The foreign sector has historically been a large buyer of Treasurys in structural trade deficits. In 2013, China stepped away from this practice and started investing in its own infrastructure and in other regions across the world. Even if other countries continue to invest in U.S. assets, it is increasingly in hard assets like stocks or real estate. Will the dollar weaken as the Fed is forced to be the primary buyer of U.S. Treasurys?
El Salvador’s commitment to bitcoin as legal tender is one thing, but what will the reality of this new currency look like? Bitcoin’s Lightning Network provides easy access and transaction speeds, so long as enough of the general population has access to smartphones.
Lastly, with the public’s attention captured by the current inflationary moment, what market features are getting underreported? Tune in to hear Alden’s perspective on what will have an unexpected impact in the upcoming cycles, including the potential for a significant energy shock in the years to come.
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Nexo.io lets you borrow against your crypto at 6.9% APR, earn up to 12% on your idle assets, and exchange instantly between 100+ market pairs with the tap of a button. Get started at nexo.io.
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Image credit: Nuthawut Somsuk/iStock/Getty Images Plus, modified by CoinDesk
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By Yusef Komunyakaa
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Sure, the Trans-Pacific Partnership sounds like a snoozefest... but why does it matter? Why should you care about this secretive international agreement?
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Today: another round in our long-simmering, passive-aggressive professional feud (journalists vs. historians), occasioned by two new pieces on how we talk about and apply the lessons of U.S. history.
First, UCLA historian Robin D.G. Kelley in conversation with George Yancy in Truthout. They talk about the recent surge of interest in the 1921 Tulsa Massacre and what’s lost in our narrow focus on “Black Wall Street.” What does the Hollywoodification of race politics mean for working-class stories?
Second, Princeton historian Matt Karp’s “History as End” in Harper’s. Karp argues that U.S. history, typically the domain of the patriotic right, has been taken up increasingly by left-liberal journalists and historians, and in a noticeably pessimistic register.
Is public history too obsessed with “origins” and analogies? What are its dominant politics? Do stories of upward mobility play out differently for different groups? Do history and journalism inhibit forward thinking? Or should journalists and historians spend even more time talking about history?!
Finally, we weigh in on a new decision by the Supreme Court. In a unanimous ruling, the justices found in favor of college athletes in their case against the NCAA, paving the way for better compensation of student workers. Jay fantasizes about bribing players to join the Tarheels, Tammy comments on labor and antitrust politics, and Andy draws a—surprise!—historical analogy.
This Saturday, join Jay, Andy, and Tammy (and other friends of the pod) for the Asian American Writers’ Workshop’s Page Turner conference! Register here, and use discount code: FRIENDOFAAWW!
Thanks for listening and reading! Help keep our mikes hot (and join our Discord!) at Patreon or Substack, and send questions and comments to Timetosaygoodbyepod@gmail.com or @TTSGPod.
Whether by horse, on foot, or in a car, Americans have loved watching lawmen chase bad guys for ages, going all the way back to colonial times. In this era of social media and livestreaming, high-speed car pursuits are as popular as ever and now are broadcast everywhere. Today, we'll talk to University of South Carolina criminology professor Geoffrey Alpert, who studies car chases, and to Zoey Tur, a pioneering TV news helicopter pilot who was one of the first people to ever cover them in Los Angeles, the undisputed capital of car chases. We'll also hear from our senior producer Steven A. Cuevas. All three guests disapprove of our host Gustavo Arellano's car-chase obsession and will try to break him of his habit. Can they succeed?
More reading:
Are Los Angeles police chases worth the risk to bystanders? Last year saw record injuries
Police pursuits cause unnecessary deaths and injuries, L.A. County grand jury says
History in the NFL with the first openly gay active player. Virus deaths fall, amid a spike among the unvaccinated. Republicans set to block an elections bill. CBS News Correspondent Steve Kathan has today's World News Roundup.
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Wasps!? Don’t even THINK of skipping this one, my beautiful chickens. You’re about to change your outlook on the most maligned winged sky babies, and we are delighted that author, bug dude, and spheksologist Eric Eaton is about to change your mind and fill your heart with respect and appreciation. Hunker down for fig critters, bejeweled zombie queens, bug corsets, underdogs, BBQ tips, gardening secrets, stinger myths and snack vaults. Just because homicidal hornets make headlines doesn’t mean you know squat about the real life of the beautifully diverse world of wasps, from the teeny tiny to the large and legendary. Wasps: they’re not dicks.
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The merest mention of future interest-rate rises from America’s central bank sent markets into a tizzy. We consider the merits and the effects of signalling early and often. Europe’s drug use dipped when the pandemic began, but soon rebounded; we examine the rising potency of the continent’s drugs and drug syndicates. And data reveal what makes work-from-home productivity so low.
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