Larry, i would like to start by discussing a big picture over view of the current economic landscape. Could you help us make sense of the broad economic landscape around us? We're seeing major increases in prices, an inflation. I think the price levels increased by about five % over the last year. That's huge compared to our to recent history. And it could easily turn from five to ten%. Because if inflation gets into people's minds, then they're gont start f raising prices because they think other people are. Kind of opportunistic. A price increases, then things are off to the races, and then the fet has to o step on the on the breakes to try and
#329: Have you ever thought about how an economist views financial planning? Would you guess that it's vastly different from how some financial planners approach this work?
Today's guest, Laurence Kotlikoff, is a Professor of Economics at Boston University. The Economist named him one of the world's 25 most influential economists in 2014. Professor Kotlikoff has written 19 books, and hundreds of professional articles and Op-Eds.
He's here to explain why economists take a different view than financial planners on investing, retirement planning, and risk mitigation.
For more information, visit the show notes at https://affordanything.com/episode329
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