351 | Cheap Debt, Bailouts, Crashes, and the Fight for Economic Resilience with Liz Hoffman
The Realignment
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The Cost of Interruptions
The top 1% of Americans got poorer last year and the bottom 50% American got richer. I don't think you'll see that sort of populist rage come from corporations or government, but rather a trade-off between getting money out fast and getting it to places it really needs to go. The economy lost 30 something percent in the second quarter of 2020 before making up the gap on economic output with employment. But financial markets have had a very, very different ride, which is to say that they have now hit new high after new high afterNewt: Would we be differently thinking about pandemic if it was half as bad?
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