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Tariffs, DOGE, and Your Money w/ Noahpinion #944
Feb 12, 2025
Economist Noah Smith, author of the Substack Noahpinion, joins to unpack the complexities of current economic policies and how they affect personal finances. He addresses pressing concerns like tariffs and their broader implications. The conversation dives into declining birth rates and the challenges they pose for Social Security. They also explore the rise of Dogecoin and key technologies shaping the economy. Additionally, Smith discusses the intersection of demographics and economic dynamics, emphasizing potential solutions like skilled immigration.
56:33
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Quick takeaways
- Understanding macroeconomic policies like tariffs is essential as they directly influence personal budgeting and household expenses.
- Noah Smith advocates for a balanced approach to personal finance that prioritizes both savings and mental well-being through thoughtful spending.
Deep dives
The Role of Subscriptions in Modern Households
Managing subscriptions has become increasingly complex as households subscribe to a myriad of services, from entertainment to pet supplies. This trend highlights the importance of keeping track of recurring charges to avoid overspending. Tools like the Capital One mobile app are designed to help users track, block, or cancel subscriptions conveniently. Such features assist users in maintaining better control over their finances, ensuring that they only pay for services they actually use.
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