Uploaded January 2024 | Updated September 2026, 2 hours ago
This week Erik Torenberg and Noah Smith are joined by Itay Vinik, Co-Founder & Chief Investment Officer at Equi, to explore their different perspectives on the current state of the economy and the likelihood of a recession. Match a donation up to $100 for your favorite charity with GiveWell by going to givewell.org and pick “Podcast” and enter Econ 102 at checkout.
❗️ We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
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Sponsors: GIVEWELL | NETSUITE
💰 Have you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to givewell.org and pick “Podcast” and enter Econ 102 at checkout.
💫 NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite netsuite.com/102 and download your own customized KPI checklist.
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📈 Econ 102 is a part of the Turpentine podcast network. To learn more: turpentine.co
–
LINKS:
- Noahpinion on Substack: https://www.noahpinion.blog/
–
X / TWITTER:
@VinikItay (Itay)
@eriktorenberg (Erik)
@noahpinion (Noah)
@Econ102_Podcast (Econ 102)
@moz_podcast (Moment of Zen)
@TurpentineMedia
TIMESTAMPS
(00:00) Intro
(00:43) The current state of U.S. economy
(03:23) Future economic trends
(08:05) Economic indicators and predictions
(15:04) SPONSOR: GIVEWELL
(16:31) Cont. economic indicators and predictions
(19:24) Potential economic risks
(21:26) Inflation and fiscal policy
(29:09) SPONSOR: NETSUITE
(32:28) Inflation and monetary policy
(35:09) Recapitalization of the banking system
(36:14) Long-term deflationary trends
(43:03) Housing’s role in wealth effect
(48:01) Risky debt
(55:02) Conclusions on the future of the economy
Music license:
8YWA44RVJ4AG2FYV
51MGMP8YTDMAR5RV
This week Erik Torenberg and Noah Smith are joined by Itay Vinik, Co-Founder & Chief Investment Officer at Equi, to explore their different perspectives on the current state of the economy and the likelihood of a recession. Match a donation up to $100 for your favorite charity with GiveWell by going to givewell.org and pick “Podcast” and enter Econ 102 at checkout.
❗️ We're hiring across the board at Turpentine and for Erik's personal team on other projects he's incubating. He's hiring a Chief of Staff, EA, Head of Special Projects, Investment Associate, and more. For a list of JDs, check out: eriktorenberg.com.
--
Sponsors: GIVEWELL | NETSUITE
💰 Have you ever wondered where your donation could have the most impact? GiveWell has now spent over 15 years researching charitable organizations and only directs funding to the highest impact opportunities they’ve found in global health and poverty alleviation. Make informed decisions about high-impact giving. If you’ve never donated through GiveWell before, you can have your donation matched up to $100 before the end of the year, or as long as matching funds last. To claim your match, go to givewell.org and pick “Podcast” and enter Econ 102 at checkout.
💫 NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you’re looking for an ERP platform head to NetSuite netsuite.com/102 and download your own customized KPI checklist.
--
📈 Econ 102 is a part of the Turpentine podcast network. To learn more: turpentine.co
–
LINKS:
- Noahpinion on Substack: https://www.noahpinion.blog/
–
X / TWITTER:
@VinikItay (Itay)
@eriktorenberg (Erik)
@noahpinion (Noah)
@Econ102_Podcast (Econ 102)
@moz_podcast (Moment of Zen)
@TurpentineMedia
TIMESTAMPS
(00:00) Intro
(00:43) The current state of U.S. economy
(03:23) Future economic trends
(08:05) Economic indicators and predictions
(15:04) SPONSOR: GIVEWELL
(16:31) Cont. economic indicators and predictions
(19:24) Potential economic risks
(21:26) Inflation and fiscal policy
(29:09) SPONSOR: NETSUITE
(32:28) Inflation and monetary policy
(35:09) Recapitalization of the banking system
(36:14) Long-term deflationary trends
(43:03) Housing’s role in wealth effect
(48:01) Risky debt
(55:02) Conclusions on the future of the economy
Music license:
8YWA44RVJ4AG2FYV
51MGMP8YTDMAR5RV
