This week Erik Torenberg and Noah Smith are joined by Itay Vinik, Co-Founder & Chief Investment Officer at Equi, to explore their different perspectives on the current state of the economy and the likelihood of a recession. Match a donation up to $100 for your favorite charity with GiveWell by going to https://givewell.org and pick “Podcast” and enter Econ 102 at checkout.


We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
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Sponsors: GIVEWELL | NETSUITE
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Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co

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LINKS:
- Noahpinion on Substack: https://www.noahpinion.blog/

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X / TWITTER:
@VinikItay (Itay)
@eriktorenberg (Erik)
@noahpinion (Noah)
@Econ102_Podcast (Econ 102)
@moz_podcast (Moment of Zen)
@TurpentineMedia

TIMESTAMPS
(00:20) Intro
(01:03) The current state of U.S. economy
(03:43) Future economic trends
(08:25) Economic indicators and predictions
(15:24) SPONSOR: GIVEWELL
(16:51) Cont. economic indicators and predictions
(19:45) Potential economic risks
(21:46) Inflation and fiscal policy
(29:29) SPONSOR: NETSUITE
(32:48) Inflation and monetary policy
(35:29) Recapitalization of the banking system
(36:34) Long-term deflationary trends
(43:23) Housing’s role in wealth effect
(48:21) Risky debt
(55:22) Conclusions on the future of the economy