Trump's DOJ is risking both a constitutional and an economic crisis by executing grand jury subpoenas to the Federal Reserve regarding perjury allegations against Chair Jerome Powell. So what did Powell allegedly lie about? A water feature, a beehive, and a garden. Democratic strategist Kobi Tirey wants you to know that this is all about interior design, and Powell could not have been more honest. Meanwhile, Banker Bill is ready for whatever happens next with a bureaucratic breakdown of every possible scenario in the race to replace Powell.

Trump invaded Venezuela for the oil, right? It might be illegal, but at least it's going to pay for itself, right?

Trump tries to drink Venezuela's oil milkshake right up, while Democratic Strategist Kobi Tirey tries to blame private health insurance providers for America's skyrocketing healthcare costs on the eve of yet another shutdown.

It brings Banker Bill absolutely no pleasure to report that both operations are destined to come up empty.

Compound interest might be the 8th Wonder of the World, but what if it's Trump branded? Listener Craig asks whether MAGA is just using the Trump accounts to juice the stock market before the midterms. The anonymous Banker Bill says not a chance, but Democratic strategist Kobi Tirey has a bigger question: What if all of these retirement savings we're pumping into our 401Ks by default every month is why the economy is so high on its own supply in the first place?

Is It Bad For The Economy's Banker Bill keeps an eye on Japan, says good bye to the penny, and isn't worried about Elon's package. Meanwhile, Wall Street and Trump may have given up on getting inflation back down, but Democratic strategist Kobi Tirey never will.

Wall Street Journal Trade and Economic Policy Reporter Gavin Bade joins Democratic Strategist Kobi Tirey and Banker Bill to talk about pasta tariffs, insider trading, vibe checking the 1%, and China's "cobbler elves."

Read More From Gavin: https://www.wsj.com/news/author/gavin-bade

Inflation, rising... Unemployment, growing...

But this economy? She just won’t quit.

Just as long as you’re employed.

If you’re not? Hope you’re good with paperwork, because thanks to the shutdown and Trump’s Big Beautiful Bill, applying for SNAP just became a full-time job.

In the second part of our episode from 10/2, Banker Bill tells Democratic Media Consultant Kobi Tirey that there might be a perfectly good reason gold and stocks are up at the same time, assuming the world's central bankers know something we don't.

And when Kobi asks whether the AI bubble is real, Banker Bill says, relax — if it is a bubble, and that's still a big if, it's an industrial bubble, not a financial one. Then he explains why that's not quite as bad.

Hey folks, Kobi Tirey here. I was too sick to get the full episode out on time this week, but here are the first few minutes, in which we talk about why China's playing hardball now.

Our full episode, about gold and stocks rising at the same time, and Banker Bill's take that even if AI is a bubble, it's an industrial bubble, and that's a lot better than the financial bubble of 08.

Somebody's crying, but it ain't Argentina. They're getting a bailout. So are soybean farmers, but they'll be back next year. Federal furloughed employees? Forget about it.

It's another episode of Democratic Media Consultant Kobi Tirey getting out of Banker Bill's way as he shreds the Trump administration for letting unemployment slip, food prices rise, and justifying a losing trade war by dual-wielding bailouts.

Now finish your tofu. There are starving children in Africa who'd love to eat it, but we're not allowed to share ever since Trump DOGEd USAID.

Remember those criminal allegations that Trump's FHFA made against Federal Reserve Governor Lisa Cook? They weren't just frivolous, they didn't exist!Disney Blows The Kimmel Moment While The Fed Uno Reverses Mortgage Fraud — Is It Bad For The Economy Episode 14 Out Now