4min chapter

The Fifth Column cover image

#398 w/Allison Schrager - "The Horrible, No Good Economy: A Primer”

The Fifth Column

CHAPTER

Is There a Fringe?

Alison Wasser: We make fun of modern monetary theory, but to some extent, everyone kind of bought it. She says even mainstream professors were very into this idea that interest rates would be low forever and inflation was something we'd conquered. "I don't know exactly when it will be that the borrowing cost on an annual basis in the federal government eclipses the military budget," she says. 'It's going to happen soon'

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode