SUMMARY: Discover what it takes to successfully trade as uncertainty in the economy rises. Alex Gurevich joins Andy to discuss his trading strategy during the pandemic.   SHOW NOTES: 5:10: How Has The Pandemic Changed Trading? 8:09: How Was The Market Foreshadowing The Drop In March 2020? 15:03: What Is The Difference Between Traders And Investors? 19:35: What Is The Struggle Of Insurance? 22:19: What Are The Lessons From The Pandemic Market Drop Of 2020? 27:12: What Can The Fed Do About Inflation? 30:49: Could The Market Drop To Pre-Pandemic Levels? 39:44: How Do Traders Develop A Winning Style?

SUMMARY: Discover what the GameStop/Reddit/Robinhood Revolution exposed about investing. Spencer Jakab joins Andy with analysis of this historic chapter in investing that sent shockwaves through the markets and provided many unintended consequences.   SHOW NOTES: 5:17: How Do Online Trading Platforms Influence Trading? 10:46: Have Markets Ever Experienced A GameStop/Robinhood-type Event? 15:28: How Was GameStop Uniquely Positioned To Be Massively Shorted? 17:55: How Did The CEO Of GameStop Win? 22:09: How Are Investors Living In A Magical Time? 26:39: How Can Inexperienced Traders Hedge Against Risk?

SUMMARY: Discover how personal and public debt has reached an inflection point. Richard Vague joins Andy to discuss realistic ways to reduce student loans, home mortgages, and small business debt.   SHOW NOTES: 2:42: How Is Personal Debt The Real Crisis? 4:48: What Is The Paradox Of Debt? 7:21: How Is Debt Different Depending On Wealth? 10:43: How Have Debt Policies Become Exhausted? 12:05: How Do You Deal With Student Debt? 17:05: Can Debt Be Maxed Out? 21:32: How Does The Overton Window Impact Politicians? 25:33: What Does A Realistic Debt Alleviation Policy Look Like?

SUMMARY: Discover how personal and public debt has reached an inflection point. Richard Vague joins Andy to discuss realistic ways to reduce student loans, home mortgages, and small business debt.   SHOW NOTES: 2:42: How Is Personal Debt The Real Crisis? 4:48: What Is The Paradox Of Debt? 7:21: How Is Debt Different Depending On Wealth? 10:43: How Have Debt Policies Become Exhausted? 12:05: How Do You Deal With Student Debt? 17:05: Can Debt Be Maxed Out? 21:32: How Does The Overton Window Impact Politicians? 25:33: What Does A Realistic Debt Alleviation Policy Look Like?

SUMMARY: Discover how free capitalist markets really are. Nicholas Wapshott joins Andy to discuss the ongoing debate about government influence of money creation, debt and banking.   SHOW NOTES: 7:39: Are Free Markets Really Free? 9:10: What Would A Government-Free Economy Look Like? 11:50: How Does The U.S. Government Guarantee Banks Don't Fail? 13:05: How Did Paul Volker Crush Inflation? 16:57: The U.S. Economy Is Built On Near-Zero Interest Rates. What Happens When Rates Rise? 19:20: How Relevant Are Milton Friedman & Paul Samuelson Today? 22:19: Does The Government Ever Need To Worry About Debt?

SUMMARY: Discover how money is quickly changing under Modern Monetary Theory, low interest rates and income inequality. Zvi Schreiber joins Andy to discuss how money is going out of style, and what skills you'll need to achieve prosperity.   SHOW NOTES: 4:23: What Is The Future Of Fiat Money? 8:59: How Is MMT Impacting Money? 12:35: How Do Low Interest Rates Accelerate Inequality? 16:31: How Does Money Printing Benefit The Rich? 19:41: How Do Low Or Negative Interest Rates Change Behavior? 21:46: Why Is The Demand For Goods & Services Too Low? 30:11: How Is Crypto A 'Strange Beast?'

SUMMARY: Discover how money is quickly changing under Modern Monetary Theory, low interest rates and income inequality. Zvi Schreiber joins Andy to discuss how money is going out of style, and what skills you’ll need to achieve prosperity.   SHOW NOTES: 4:23: What Is The Future Of Fiat Money? 8:59: How Is MMT Impacting Money? 12:35: How Do Low Interest Rates Accelerate Inequality? 16:31: How Does Money Printing Benefit The Rich? 19:41: How Do Low Or Negative Interest Rates Change Behavior? 21:46: Why Is The Demand For Goods & Services Too Low? 30:11: How Is Crypto A ‘Strange Beast?’

SUMMARY: Discover how the invention of index funds changed forever the way stocks are bought and sold.   SHOW NOTES: 8:56: How Do Index Funds Impact Active Investment? 15:25: How Do Index Funds Solve The Problem Of Scalability? 18:57: How Do Investors Determine The Best Index Funds? 23:17: How Do Fees Impact Index Funds? 27:31: What Is The Future Of Bitcoin ETFs? 30:57: How Does Market Cap Add Risk To Index Funds? 36:10: What Are The Unintended Consequences Of Index Funds?

SUMMARY: Discover how the invention of index funds changed forever the way stocks are bought and sold.   SHOW NOTES: 8:56: How Do Index Funds Impact Active Investment? 15:25: How Do Index Funds Solve The Problem Of Scalability? 18:57: How Do Investors Determine The Best Index Funds? 23:17: How Do Fees Impact Index Funds? 27:31: What Is The Future Of Bitcoin ETFs? 30:57: How Does Market Cap Add Risk To Index Funds? 36:10: What Are The Unintended Consequences Of Index Funds?

Summary: Just like The Seven Deadly Sins, there are Seven Economic Sins that can impede success in business. James Otteson joins Andy to discuss economic sins and how personal decision-making can lead to a prosperous life.   SHOW NOTES: 5:35: What Is The Invisible Hand? 11:52: How Is Technology Making People More Risk Averse? 19:29: What Are The Unseen Consequences Of Deadly Economic Sins? 28:20: How Does Envy Impede Economic Success? 37:10: How Do You Use Your Best Skills In An Honorable Way?