Uploaded July 2026 | Updated September 2026, 2 weeks ago

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Turns out Phil Magness was a trillionaire before Elon Musk ever was. The catch? His trillion came from Zimbabwe... during hyperinflation. Everyone's mad about Elon maybe becoming a trillionaire. Almost nobody's mad about the national debt, which is already $40 trillion and climbing.

Lou and Phil talk billionaires, trillionaires, and the actual trillion-dollar problem nobody wants to tax.

New episode of @HappyHourEcon is live.

youtube.com/@HappyHourEcon