
The episode discusses the impact of the Iran war on the economy, particularly mortgage rates and housing affordability, while addressing inflation and modern monetary theory.
Send us Fan Mail Cabin Fever 5 gets back into the economy and why normal people feel trapped. We start with how the Iran war is already pushing mortgage rates higher, then break down the math behind housing affordability and why the “starter home” is becoming unreachable for most households. From there, we talk inflation truthfully: the inflation rate going down does not mean prices come down. We get into modern monetary theory, bonds, and why the system has been designed to benefit asset ho...
Host: Zachary Foust
Organizations: modern monetary theory
Places: Iran
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