The Prof G Pod with Scott Galloway No Mercy / No Malice: Disinflation
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Feb 11, 2023 Delve into the intricacies of inflation as it starts to wane, revealing the complex ties between money supply, supply chains, and labor markets. Discover the humorous side of consumer behavior in the face of economic factors and the fallout from the pandemic’s strain on global supply chains. Explore how AI is reshaping job security in the tech industry, creating a paradox of growth and layoffs. Lastly, reflect on the wealth gap and the optimism of younger generations in striving for equitable opportunities.
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Inflation Definition
- Inflation is caused by too much money chasing too few goods.
- Last year presented a perfect storm of this phenomenon.
Speaking Engagements
- Scott Galloway's speaking engagements decreased due to his relocation to London.
- He prioritizes time with his children over frequent travel.
Economy and Psychology
- Audience questions shifted from young men's issues to inflation concerns.
- Economic forecasting involves psychology and markets, not just formal training.