High inflation is causing big problems in the economy, stock market and family budgets. When will it go back to "normal"? What is the Federal Reserve going to do? How can you prepare for what comes next? This interview is a great historical perspective on inflation from Gene Epstein, who as a former editor at Barron's, has seen this happen before and can share his perspective.
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Today's Guest: Gene Epstein
Gene Epstein is the former Economics and Books Editor of Barron's, a position he left in January 2018 after a 26-year stint. His last published book was Econospinning: How to Read between the Lines when the Media Manipulate the Numbers. He has taught economics at the City University of New York and St. John’s University, and worked as a senior economist for the New York Stock Exchange. He's appeared on podcasts that include Russ Roberts’ “EconTalk," "The Tom Woods Show,” and the Reason podcast, and has delivered talks at venues that include the International House in Tokyo; Loyola University in Baltimore; Universidad Francisco Marroquin in Guatemala City; the Romanian-American University in Bucharest; and the American Center in Moscow. He has defended the negative at six Soho Forum debates. His November 2019 debate on socialism with Prof. Richard Wolff has had nearly 3.5 million views on Youtube.
Gene's Online Presence:
Today's Guest Panelist: Debbie Todd CPA
As the eldest child of a humble, yet proud and dedicated military family, Debbie grew up learning first-hand the value of not having enough, of making your money stretch…as well as understanding how quickly impulsive choices can get you trapped on the never ending cycle of the money madness roller-coaster!
The first child in her blue-collar family to finish college in her early 30s while raising children of her own, Debbie knows it really is possible to change your circumstances and realize your dreams…one dedicated step and one focused decision at a time.
With over 20 years as a licensed CPA in public accounting as well as nearly 14 years in public finance in the utility and healthcare sectors, Debbie was running the Treasury Department of a $2 billion a year academic medical center when the 2008 financial meltdown hit.
While successfully navigating her team through “the Great Recession”, Debbie found an increasing number of families who were simply being devastated financially. Her heart turned to channeling her money passion to holistically help families learn and grow in their core financial knowledge.
The single most common regret Debbie has heard clients and friends say is that they wished they had learned better money skills themselves so they could teach their kids and grandkids. She also believes that “tomorrow’s philanthropists and world-changers are sitting in booster seats today.”
It is the perfect backdrop for teaching practical, FUN and financially sound money habits. If you can ENJOY “getting your money smarts hat on” as well, then so much the better, right?
Imagine how simple and smart money choices can transform you and your child’s ENTIRE life…for 50 to 70 years! That’s truly peace of mind. It’s an investment that builds a legacy of hope and impact. It’s amazing how just a few simple, FUN and effective tools can make this your reality.
After all, it takes financially healthy families to build financially (and socially) healthy communities, states, countries and, ultimately, a financially (and socially) healthy world
Debbie's Online Presence: