Resolve Riffs Investment Podcast Mike Green: The Affordability Crisis & Rethinking the American Dream
11 snips
Dec 5, 2025 Mike Green, Chief Strategist at Simplify Funds, sheds light on the American affordability crisis based on his viral writings. He challenges the dismissive 'mockery machine' surrounding economic realities, highlighting the disparity between official metrics like CPI and people's experiences of rising costs. Green discusses the concept of 'ghost households' opting out of parenthood due to financial strain, critiques outdated poverty definitions, and explores innovative policy solutions like tariffs and targeted incentives to enhance family stability and mobility.
AI Snips
Chapters
Books
Transcript
Episode notes
Price Level Matters As Much As Inflation
- People verbally conflate 'inflation' (rate) with the elevated price level that leaves households underwater.
- Mike Green realized level and rate both matter because small percent changes push precarious families further below water.
Use LLMs As Iterative Research Assistants
- Use LLMs as a staff-of-analysts: assign targeted research tasks, iterate, and verify outputs yourself.
- Treat models and LLM outputs as starting points and correct the model when it fails to match lived reality.
The Mockery Machine Masks Real Problems
- A 'mockery machine' dismisses legitimate complaints by reducing them to caricature and tribal signaling.
- Mike Green argues that economists should update models instead of ridiculing people's lived experiences.
