Guest Tim Lee, a technology journalist and analyst, discusses the progress and challenges of self-driving cars, including training difficulties and the viability as a business model. The podcast explores the impact of insurers and regulatory barriers, as well as the benefits of self-driving cars such as reducing the need for parking space. It concludes with a sponsor segment featuring public.com and their offer of earning a 5.5% yield with six-month US Treasury bills.

Guests Kevin Coldiron, Jamie Lee, and Tim Lee discuss the rise of carry and its impact on financial markets. They explain how carry trades dominate market behavior, driven by low interest rates and declining volatility. They explore the consequences of carry trades on asset prices, social instability, and global liquidity. The speakers also discuss the relationship between carry, leverage, and debt, highlighting the unsustainable nature of the current financial model. They delve into the shift towards extraction in finance, where profitability is sacrificed for shareholder returns.

Authors Tim Lee, Jamie Lee, and Kevin Coldiron discuss how the entire economy resembles a carry trade due to volatility suppression. They explore the role of central banks in driving the market, the impact of carry trades on the economy and markets, and the consequences of the rise of the carry regime. They also discuss potential solutions for breaking the cycle of sensitive policy and perpetuated financial asset cycles.