Pivot

Universities Cut Ties with Russia, Antitrust Action, and Guest Preet Bharara

Mar 18, 2022
Preet Bharara, former U.S. attorney and host of Stay Tuned with Preet, joins the hosts to discuss his upcoming live event. The conversation delves into U.S. universities severing ties with Russia amidst geopolitical tensions, highlighting the impact on research and international students. They also tackle the recent antitrust action against Amazon, exploring its implications for competition and consumer rights. In addition, insights into rising Tesla prices and changes at Starbucks add flavor to their lively discussion.
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ADVICE

Interest Rate Hike

  • The Federal Reserve raised interest rates for the first time in three years to combat inflation.
  • Unemployment is low, but rising inflation is diminishing purchasing power.
ANECDOTE

Rivian Price Hike

  • Scott Galloway pre-ordered a Rivian and experienced a significant price increase due to supply chain issues.
  • After customer complaints, Rivian reversed the price hike.
INSIGHT

Inflation's Impact

  • Inflation is insidious and diminishes purchasing power, like in the 1970s.
  • Paul Volcker's tough decisions to lower interest rates helped stimulate economic growth.
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