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Kyla Scanlon: What's Actually Wrong With the Economy?
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Manage episode 436912291 series 3518227
Content provided by Reason Podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Reason Podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
How's the economy actually doing? In 2022, economists forecasted that we'd be in a recession by now. Did it ever actually happen, though? Prices got higher, interest rates ticked up, but mass layoffs never really happened and gross domestic product growth chugged on. People mostly weathered the turbulence. Joining us today to talk about all that and to speculate on what effects former President Donald Trump and Vice President Kamala Harris' proposals might have on the economy is Kyla Scanlon. She worked as a macroeconomic analyst at Capital Group before founding Bread, a financial education company. She has built a large social media following by teaching finance and economics via YouTube, Instagram, Substack, and TikTok. She recently published her first book In This Economy: How Money and Markets Really Work. As we came out of the pandemic, we experienced inflation beyond what most millennials have seen in their lifetimes. The Federal Reserve hiked interest rates to attempt to achieve a soft landing—using the power of the central bank to cool a hot economy without causing a recession. We start by asking Kyla: "We're in an election year. How do you think voters should perceive the current state of our economy?" Show notes: https://reason.com/podcast/2024/08/29/kyla-scanlon-whats-actually-wrong-with-the-economy
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1178 episodes
MP3•Episode home
Manage episode 436912291 series 3518227
Content provided by Reason Podcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Reason Podcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
How's the economy actually doing? In 2022, economists forecasted that we'd be in a recession by now. Did it ever actually happen, though? Prices got higher, interest rates ticked up, but mass layoffs never really happened and gross domestic product growth chugged on. People mostly weathered the turbulence. Joining us today to talk about all that and to speculate on what effects former President Donald Trump and Vice President Kamala Harris' proposals might have on the economy is Kyla Scanlon. She worked as a macroeconomic analyst at Capital Group before founding Bread, a financial education company. She has built a large social media following by teaching finance and economics via YouTube, Instagram, Substack, and TikTok. She recently published her first book In This Economy: How Money and Markets Really Work. As we came out of the pandemic, we experienced inflation beyond what most millennials have seen in their lifetimes. The Federal Reserve hiked interest rates to attempt to achieve a soft landing—using the power of the central bank to cool a hot economy without causing a recession. We start by asking Kyla: "We're in an election year. How do you think voters should perceive the current state of our economy?" Show notes: https://reason.com/podcast/2024/08/29/kyla-scanlon-whats-actually-wrong-with-the-economy
…
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1178 episodes
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