FYI - For Your Innovation

Contextualizing Today’s Economy with Jeremy Siegel

Listen Later

From The Great Depression and the two World Wars to now COVID and the escalation of the War in Ukraine, the world has had its fair share of economic downturns. However, the way we recover from it seems different now than it was in the early 1900s. Here with us today to discuss the differences and similarities of past, present, and future recessions is Wharton Professor and esteemed economist, Jeremy Siegel. Jeremy shares his thoughts on the Monitor hypothesis, the potential severity of a recession, and how current technological advancements make an increase in productivity highly likely. We learn what the Federal Reserve could be doing better amidst the negative money growth we are currently experiencing before Jeremy gives us his take on digital currencies and why crypto may be a three-part revolution.

“I do think, as I look back, because of my studies with Milton Friedman, that the principal cause of the Great Depression was the failure of the Fed to prevent the total collapse of the banking system.” — Professor Jeremy Siegel
Key Points From This Episode:
  • Welcoming today’s guest, Wharton Professor and decorated economist, Jeremy Siegel.
  • A look at Jeremy’s professional background.
  • Jeremy’s thoughts on the Monitor hypothesis.
  • What Jeremey thinks the severity of the an upcoming recession could be.
  • How too much labor and inventory could compound a recession.
  • Why innovation and automation may lead to a big increase in productivity in the near future.
  • How Jeremy thinks today’s economic climate compares to the Smoot-Hawley act and others.
  • Whether inflation can drop below zero, mimicking post-disaster periods of old.
  • What the Federal Reserve could do to bring back money growth.
  • A closer look at the negative money growth America is currently experiencing.
  • Why Jeremy believes it’s no longer necessary to squeeze the economy to death to regain parity.
  • Why increasing productivity should be our top priority.
  • Whether a productivity rise is inevitable due to ever-changing technological advancements.
  • Jeremy’s take on digital currencies.
  • Cryptocurrency as a possible three-part revolution.
    • ...more
    View all episodesView all episodes
    Download on the App Store
    FYI - For Your InnovationBy ARK Invest
    • 4.7
    • 4.7
    • 4.7
    • 4.7
    • 4.7

    4.7

    381 ratings

    More shows like FYI - For Your Innovation

    View all
    Masters in Business by Bloomberg

    Masters in Business

    2,177 Listeners

    a16z Podcast by Andreessen Horowitz

    a16z Podcast

    995 Listeners

    We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

    We Study Billionaires - The Investor’s Podcast Network

    3,373 Listeners

    Odd Lots by Bloomberg

    Odd Lots

    1,774 Listeners

    Unchained by Laura Shin

    Unchained

    1,206 Listeners

    The Meb Faber Show - Better Investing by The Idea Farm

    The Meb Faber Show - Better Investing

    930 Listeners

    Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

    Capital Allocators – Inside the Institutional Investment Industry

    805 Listeners

    The Pomp Podcast by Anthony Pompliano

    The Pomp Podcast

    1,834 Listeners

    Bankless by Bankless

    Bankless

    1,030 Listeners

    All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

    All-In with Chamath, Jason, Sacks & Friedberg

    8,760 Listeners

    The Memo by Howard Marks by Oaktree Capital Management

    The Memo by Howard Marks

    407 Listeners

    Supply Shock by Blockworks

    Supply Shock

    112 Listeners

    Business Breakdowns by Colossus | Investing & Business Podcasts

    Business Breakdowns

    335 Listeners

    Forward Guidance by Blockworks

    Forward Guidance

    272 Listeners

    BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

    BG2Pod with Brad Gerstner and Bill Gurley

    431 Listeners