InFi: the Future of Finance

A popular objection is that capitalism requires exponential growth, which is incompatible with a finite world. Bob critiques both premises.

Related: - https://infineo.ai/resources/blog/Expectations-About-the-Future-Affect...

Bob uses a recent tweet from Steve Keen to weigh in on an old controversy. Government deficits don't cause price inflation per se, but they often encourage the central bank to create more money, which is inflationary. The distinction matters: a deficit is a fiscal phenomenon, but the inflation mechanism requires monetary policy—specifically, central bank accommodation of gove...

Bob explains the numerous flaws with NYC Mayor Mamdani's proposal to have government-run grocery stores sell key items at 30% below retail. Bob also explains the problem with a popular meme asking why people pay taxes if the government can just print money.

MAMDANI MARTS — WHAT COULD GO WRONG?

NYC Mayor Mamdani wants to open five city-run grocery stores selling ...

Bob draws on three clips from a popular video discussing the banking sector, pre- and post-Fed. Bob dispels myths about the "wildcat" banks of the so-called Free Banking era, and shows that the Fed clearly led to more economic instability (as well as inflation).

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Alex Tabarrok is a professor of economics at George Mason University. He joins Bob to discuss the problems with the typical economic analysis of crime, which (in the hands of Gary Becker) advocated increasing the punishment to bolster deterrence.

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