Controlling US Inflation, Global Trade, and the Future of India and Japan

Controlling US Inflation, Global Trade, and the Future of India and Japan

In today’s episode, Noah Smith and Erik Torenberg respond to pressing questions on US inflation, the possibility of the US becoming a petro-state, global trade dynamics in the context of geopolitical shifts, the potential impacts of de-dollarization, and the sustainability of defense strategies. They also cover the impact of recent wars, and discuss India and Japan. Thanks to all the listeners who continue to send in their questions! 🔥 Apply to join over 400 founders and Execs in the Turpentine Network: https://hmplogxqz0y.typeform.com/to/JCkphVqj -- Recommended Podcast: Company Breakdowns Each episode of Company Breakdowns dives into S-1s and series B-and-beyond companies, interviewing founders and investors to break down the companies. First episodes are on Reddit, Twilio, Klaviyo and Rubrik. Spotify: https://open.spotify.com/show/0epyYBAxLeF0PsNagdDJAJ Apple: https://podcasts.apple.com/us/podcast/company-breakdowns/id1743119197 -- SPONSORS: BEEHIIV Head to Beehiiv, the newsletter platform built for growth, to power your own. Connect with premium brands, scale your audience, and deliver a beautiful UX that stands out in an inbox. 🐝 https://beehiiv.com and use code "MOZ" for 20% off your first three months _ SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: Econ102@Turpentine.co _ LINKS: Noahpinion: https://www.noahpinion.blog/ -- TIMESTAMPS: (00:00) Intro (01:45) Exploring Biden's influence on inflation and policy suggestions (05:21) Inflation's impact on national debt (09:34) Role of industrial policy in inflation dynamics (15:47) Is the U.S. Becoming a Petro State? (17:28) Sponsor: Beehiiv (18:39) Discussing federal reserve's balance sheet and monetary policy (23:49) Student loan forgiveness and tariffs (25:38) WTO's role in trade disputes (28:23) Rethinking global trade rules (31:28) Trade agreements and military alliances (32:35) China and Russia: Trade relations and aggressiveness (33:28) China’s capital inflow tax (40:13) India's political landscape and Modi's impact (50:10) Reassessing U.S. military interventions: Vietnam, Afghanistan, and Iraq (53:44) Role of conventional forces in preventing nuclear war (56:46) Japan's currency intervention (57:47) Invitation to Lithuania (58:10) Wrap

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Foreign Policy, Industrial Policy, and Reflections on Biden thus far

Foreign Policy, Industrial Policy, and Reflections on Biden thus far

In our first episode of Econ 102, Noah Smith and Erik Torenberg discuss the highs and lows of Biden's first term, Biden's policies in comparison to previous presidents and other leaders, as well as China -- its real estate sector, industrial and manufacturing industries, and its views on tech. 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. -- Sponsors: GIVEWELL | DAFFY | NETSUITE Have you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to givewell.org and pick “Podcast” and enter Econ 102 at checkout. Daffy is the most modern and accessible donor-advised fund, making it easier to put money aside for charity. You can make your tax-deductible contributions all at once or set aside a little each week or month. And you don’t just have to donate cash, you can easily contribute stocks, ETFs, or crypto. Plus, you never have to track receipts from your donations again. It’s free to get started and Econ 102 listeners get $25 towards the charity of their choice. Daffy is offering Econ 102 listeners a free $25 for the charity of their choice when they join Daffy https://www.daffy.org/econ102 NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite  http://netsuite.com/102 and download your own customized KPI checklist. -- Econ 102 is a part of the Turpentine podcast network. To learn more: www.turpentine.co -- TIMESTAMPS: (00:00) Episode Preview (01:24) Overview of Biden's first term (02:56) The most important thing Biden's done  (12:19) What are the chances of Trump returning? (14:03) In the 1970s once again (14:47) Woke concerns among Republicans (15:38) Noah's ideal foreign policy (17:46) Japan's importance in foreign policy (19:29) Main foreign policy concerns in the next cycle (20:30) The ideal containment strategy (22:55) China (26:23) Getting to 1 billion Americans as a foreign policy measure (27:24) Real estate in China (31:33) Comparing and contrasting Chinese and American industrial policy (37:02) China's stomp on the IT industry to encourage manufacturing (39:09) The difference in Chinese and American views of manufacturing  (43:18) Revitalizing American manufacturing  (46:08) The services industry (48:03) A shortage of human truckers  -- SPONSOR THIS PODCAST: We're looking for sponsors to partner with on this show. If you or your business might be interested, send us a note at erik@turpentine.co. Find out more here: https://www.turpentine.co/sponsors This show is produced by Turpentine: a network of podcasts, newsletters, and more, covering technology, business, and culture — all from the perspective of industry insiders and experts. We’re launching new shows every week, and we’re looking for industry-leading sponsors — if you think that might be you and your company, email us at erik@turpentine.co.

11 Heinä 202352min

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