The Prof G Pod with Scott Galloway How Long Can the American Economy Hold? — with Kai Ryssdal
387 snips
Oct 9, 2025 
Scott Galloway chats with Kai Ryssdal, a seasoned journalist and host of Marketplace. They dive into the risks of stagflation and how concentrated wealth impacts economic fragility. Kai explains the importance of lost economic data for the Fed and the troubling implications of tariffs on the farming sector. He shares insights on how AI is reshaping market dynamics and warns against media consolidation's threat to journalism. Their discussion touches on the need for national service to strengthen community ties.
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Shutdown Hobbles Fed Decision-Making
- The government shutdown creates a critical data blind spot that hampers the Fed's decision-making on inflation and growth.
- Kai Ryssdal warns missing public data and rising consumer inflation expectations make the Fed's task perilous.
Top 10% Are Propping Up Demand
- Consumer spending is increasingly concentrated among the top 10%, making the economy fragile to shocks hitting high earners.
- Kai says a small pullback by top spenders could disproportionately slow aggregate demand.
Prioritize Jobs And PCE For Policy Signals
- Watch jobs data and PCE inflation closely because they matter most to the Fed's policy path.
- Kai emphasizes private data helps but often depends on missing public government statistics.