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In this episode of The Money Path, host Todd M. Schoenberger speaks with Michael Green, Portfolio Manager and Chief Strategist at Simplify Asset Management, about one of the most debated topics in America right now: affordability.
Michael unpacks his widely shared Substack argument that the official poverty line for a family of four—often cited around $32,000—no longer reflects modern reality, and that a more realistic “true cost of living” threshold can be closer to $140,000 once you account for housing, childcare, and education. They explore how inflation can slow while households still feel squeezed, why the benefits cliff distorts incentives and outcomes, and what policy changes could better match today’s economic realities.
The conversation then shifts to markets and macro: Michael critiques the Federal Reserve’s current framework, explains how rates can drive equity markets through systematic allocation and rebalancing, and outlines why near-term bond market pressure could give way to more deflationary conditions over time. (Note: the live discussion was shortened due to technical issues, but the key themes and takeaways are here.)
#TheMoneyPath, #ToddMSchoenberger, #MichaelGreen, #SimplifyAssetManagement, #AffordabilityCrisis, #CostOfLiving, #PovertyLine, #BenefitsCliff, #EconomicPolicy, #WealthInequality, #Inflation, #Wages, #HousingCosts, #Childcare, #EducationCosts, #FederalReserve, #JeromePowell, #InterestRates, #BondMarket, #StockMarket, #Macro, #Investing, #PortfolioStrategy, #BTT, #BizTalkTodayTV
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By Evergreen Podcasts | CrossCheck MediaIn this episode of The Money Path, host Todd M. Schoenberger speaks with Michael Green, Portfolio Manager and Chief Strategist at Simplify Asset Management, about one of the most debated topics in America right now: affordability.
Michael unpacks his widely shared Substack argument that the official poverty line for a family of four—often cited around $32,000—no longer reflects modern reality, and that a more realistic “true cost of living” threshold can be closer to $140,000 once you account for housing, childcare, and education. They explore how inflation can slow while households still feel squeezed, why the benefits cliff distorts incentives and outcomes, and what policy changes could better match today’s economic realities.
The conversation then shifts to markets and macro: Michael critiques the Federal Reserve’s current framework, explains how rates can drive equity markets through systematic allocation and rebalancing, and outlines why near-term bond market pressure could give way to more deflationary conditions over time. (Note: the live discussion was shortened due to technical issues, but the key themes and takeaways are here.)
#TheMoneyPath, #ToddMSchoenberger, #MichaelGreen, #SimplifyAssetManagement, #AffordabilityCrisis, #CostOfLiving, #PovertyLine, #BenefitsCliff, #EconomicPolicy, #WealthInequality, #Inflation, #Wages, #HousingCosts, #Childcare, #EducationCosts, #FederalReserve, #JeromePowell, #InterestRates, #BondMarket, #StockMarket, #Macro, #Investing, #PortfolioStrategy, #BTT, #BizTalkTodayTV
Learn more about your ad choices. Visit megaphone.fm/adchoices