Decoding the Federal Reserve: Joey Laswell Discusses Interest Rates, Housing, and AI
Manage episode 442219353 series 3602973
What do a certified financial social worker and an Air Force veteran have in common? Join us as Joey Laswell shares his incredible journey from tackling $20,000 in debt during active duty to becoming a financial expert. You'll gain valuable insights into trending financial topics like the Federal Reserve's recent interest rate cut and how these changes can impact your everyday finances. Joey's passion for personal finance shines through as he breaks down complex economic concepts into terms we can all understand.
Ever wondered how the Federal Reserve shapes our economy? We dissect its role, historical context, and influence, drawing lessons from past economic crises and current conditions. Concerned about the overinflated housing market? We discuss the potential impacts of interest rate changes and the effectiveness of economic stimulus checks, proposing alternative strategies to stimulate the economy. Joey's expertise helps navigate the delicate balance the Federal Reserve must maintain in managing various economic indicators.
The conversation doesn't stop there. We tackle the implications of artificial intelligence on the job market, exploring issues like jobless claims, labor strikes, and the concept of "ghost jobs." Even as AI advances, the enduring need for human involvement remains crucial. From the resurgence of physical media to the challenges of finding affordable housing, we cover a range of topics that affect your financial well-being. Tune in for a rich and informative discussion that bridges the gap between complex financial concepts and their real-world implications, all while honoring the stories and experiences of veterans.
Please join me on my different platforms and follow along my journey towards FIRE.
https://linktr.ee/firesocialworker
Chapters
1. Financial Impact of Fed Rate Cut (00:00:00)
2. Understanding the Federal Reserve (00:06:41)
3. Artificial Intelligence Impact on Job Market (00:19:56)
4. AI Impacts on Society and Housing (00:31:27)
5. Affordable Housing Market Challenges (00:38:37)
6. Economic Recession and Inequality Discussion (00:46:47)
7. Honoring Veterans on Military Broadcast Radio (00:59:03)
19 episodes