Mostly Economics Podcast #36: From AI Boom to AI Bubble with Ed Zitron

Mostly Economics Podcast #36: From AI Boom to AI Bubble with Ed Zitron

Dean Baker sits down with Ed Zitron, CEO of Media Relations and Primary Research and one of the most prominent voices sounding the alarm on the AI bubble. They dig into Nvidia's ballooning valuation, data centers that exist mostly on paper, circular financing schemes, and why this bubble may be worse than the dot-com crash. The math isn't adding up for Dean or Ed. -- www.mostlyeconomics.com -- Follow Ed Zitron: https://x.com/edzitron [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbDdINnhzWkhzTWxOSXgxazYzRjkzV3diRkhkd3xBQ3Jtc0trTmZXV3hUOUNGVk9FNmQ4ZUNySG9JbEh5RDlERFB6ckstRmRUYTAwcVZ3RmZTY052cVVNaHdSdS1tb1p4YWRVRlJmczY1UFk0b2dfNFdDZnpXTWdUQ0JqYmI2Ny16bms4RDBXUzIyckNXajhRZnJ1cw&q=https%3A%2F%2Fx.com%2Fedzitron&v=_nbURWWgUx0] https://bsky.app/profile/edzitron.com [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbUtsWlI1TnktZGNjSXlMcFNHREZWanVqRkl6Z3xBQ3Jtc0tuMDhKRDFHdU40VW4zM1dNWUxSRENwRHBrRzhFNThxYU9yaE1wS3NkeTdMNU92OWVSQjlSWnVtQ3JyUC1QVndZVXJjQVRhdW9uUU5vMkx5dTYxNXBvOGVOanE5Q3cwN3pSa19WNVhDeUp4TU0wS3BYbw&q=https%3A%2F%2Fbsky.app%2Fprofile%2Fedzitron.com&v=_nbURWWgUx0] Follow Dean Baker and CEPR: https://x.com/deanbaker13 [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbnNrdW82YmhVUW1XS1hmeGNMUnpyeDJiZmk2QXxBQ3Jtc0trUGpVTjdEWkJuRHQ1cTB6ZUxDSUxSeS1zU0JBUXY0dGtfQS00MHVWcHRjVXdGU1dlY1VUa1N0SllESjlJWm5nVWl0NzY4WXRwYjVKTXNWSWJ1R29DZEZyN0pobWhMbXhMLURENVlvanJrV0pUOEFxaw&q=https%3A%2F%2Fx.com%2Fdeanbaker13&v=_nbURWWgUx0] https://x.com/ceprdc [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbWdpLUVSajV3bEk5WGZ0aEFsTHJ6aFRqV0JUZ3xBQ3Jtc0trQU5sdnd4a2dRd28wOGhWZEVIWFB6QUlhdlpoemVyOGxTNEtHSEtXOFo1SV9WTXJ6UGJtQl96RUl4eVpWakdiZTdyNEV0aFFESmZvbkZlYU9TcTA0WGtDMndtNnZQUDVUd3U5azZmUUR5SnREWTJJYw&q=https%3A%2F%2Fx.com%2Fceprdc&v=_nbURWWgUx0] https://bsky.app/profile/deanbaker13.bsky.social [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa1Z4Z28xdjJocjdFbHd6c1FkOEJUMkxLSjhpd3xBQ3Jtc0tuY0hwdVMtOHdSbHdEX0ctMF9CVW1rYkpDWndSSXhsbG5nM2VNaUJQOXUtbjg2cEhLcndGM2hrZ2dwVW9PODl5SFQwbFhZZWJSNGlqV2RXS3J5Qm9XUzdzTHpMN3V6RUllVEg4RjF5SmpiNjlHSVpodw&q=https%3A%2F%2Fbsky.app%2Fprofile%2Fdeanbaker13.bsky.social&v=_nbURWWgUx0] https://bsky.app/profile/ceprdc.bsky.social [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbkwxcmRPaWRjWFdvNzdJRmlaT1dFbFpNQmV6d3xBQ3Jtc0tsdVpzZ0hZTlRmckpULTNYbDFqY3lPMldBWTd0MUJad3l3c3QzRU9EbTdJbktzemptYzRwV1NtZ1pwWkEwbzVLaHdGdWxaZWdvbEtFSUlMMk96VDdYaENJbUo3MGMtS181Q2lMb1hUYTdFWUdXcks0VQ&q=https%3A%2F%2Fbsky.app%2Fprofile%2Fceprdc.bsky.social&v=_nbURWWgUx0]

Mostly Economics Podcast #35: Tax the Worker, Spare the Wealthy with Amy Hanauer

The US tax code is not broken. It is working exactly as the wealthy designed it. Spare the wealthy, tax the worker. Dean Baker sits down with Amy Hanauer, Executive Director of the Institute on Taxation and Economic Policy, to expose how loopholes like carried interest were deliberately built to protect fortunes and make working people foot the bill. The result is a rigged system that keeps rewarding wealth and punishing work. -- Follow Dean Baker & CEPR https://x.com/DeanBaker13 [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbGpqZFhQZ1Z5ZG1qSS1fNnBTdFpmXzdwV2tXd3xBQ3Jtc0tsLVdsQXAyZm9uOEkwdFpvRms5anlNbkxNYjlLb2RvODkwenZ0YnpQVTExVF83U3l4d3F0cngxTVo5WEF6Z213ZFNnVWRkS2QtTFExeEJZbmN1dzJRLS01VWZCVGJPZE5rUWRNUXpsbS1zSV9SUEdtRQ&q=https%3A%2F%2Fx.com%2FDeanBaker13&v=pHJVpINqJTY] https://x.com/ceprdc [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa3FSZjhKZmR1RnlwX0laY2ZydVdFWHNCOHY5UXxBQ3Jtc0tsWlZFNU1FVUVwTTFtbk51cWNCNnN4QU5FU0xBR1VVNUluOF9HNXRHUDVwVEJ2QXNIN3k1U1RBcFpEZmJXc2R0dWxtbW9Ra0ZySlYtVjhhMFVBSS1zeEJCekY3ekVqbmFwUURHZU82LVIzZGw4RkxfQQ&q=https%3A%2F%2Fx.com%2Fceprdc&v=pHJVpINqJTY] https://bsky.app/profile/deanbaker13.bsky.social [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbENaQ0diSzJYUm0yd21TMjFpRDY1UGFicjFHZ3xBQ3Jtc0trY0JvcTU4ajR5dm1HNEhiRGJIVGNNSmdBUEx5bl9SNThJYVA0Ujl6WVBmdGN4XzIzNm5IMkk2blBrYWpXOXJnMEUwaHQ4WkExTlc3WnJlWjVvNVNDQlNYSk9iblZDUEx4RmVCc0pFd3hmRnhXTHZxSQ&q=https%3A%2F%2Fbsky.app%2Fprofile%2Fdeanbaker13.bsky.social&v=pHJVpINqJTY] https://bsky.app/profile/ceprdc [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbUlkTWxaLU9ZSV9Jb0JhM3N1bW9lLWREM1oyUXxBQ3Jtc0tscVJMV0lweGpjR0g1QlVhVFhpNy1wUERZUVVFQ1VKU2pvZXRWOTIxd3FIUnJXQzB5aVZWa3V3bi10SGZ6Y2pXNDFpMGVqVDRhZl9nNE5ZdURycHp2azg1RmdQQm10bm1RdEdiSzUzcXEzV3dFMWFhbw&q=https%3A%2F%2Fbsky.app%2Fprofile%2Fceprdc&v=pHJVpINqJTY] Follow Amy Hanauer https://x.com/amyhanauer [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbENJUHJiTThSVnJJV2dvUmtuQUZ0UmgyeHNyUXxBQ3Jtc0ttNi1VeFhOY0RKQUl5Qlo4S0JDeS12RGdzeVFVT2hTd2pjU2daWlN6N19VNHFDNXRvQVNvUkxSNVgybnVhU3JENFF3RUlZVVpaWGVKYTNaWnA4MVVVZGk1bG1CWWNQckVaeVVoVVFmRXc4b0RwbWN5Zw&q=https%3A%2F%2Fx.com%2Famyhanauer&v=pHJVpINqJTY] https://bsky.app/profile/amyhanauer.bsky.social [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbGFQNmVhbTNza0thb2kyQk02TkNiYzZweWJCQXxBQ3Jtc0ttdFhuRFllTXNmYU13cnFoYjVnLTZ2ZlNJS20xVVJuNHJxeGIxcG1Ub3pfYmxVbE1DUkcwbFNhc2h6WmRVN0VWcWxqV0ZUQjk3YVFZTS1odTJBcnJlUjhHVVFiYWNWSjlPSUpkUzk2bi16RlFSQThNcw&q=https%3A%2F%2Fbsky.app%2Fprofile%2Famyhanauer.bsky.social&v=pHJVpINqJTY] Follow ITEP https://bsky.app/profile/itep.org [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa1AxRC05d2lxUFF2cGFhWlZYQUgxOEpDUXJsUXxBQ3Jtc0tsc2ZFeFlLM293RVNVTnlrMW1GX1VzYUFEdzNwOUt4YV9JQjhmb1ZyMXZqWXJySndYNkJSUU5mU0hFYU12cmxkVzBtaHhuUG1VZC1ZYlRrYUZIS095aFdRXzdPSHNYcUVNYmJ5R214dFpHUzFoR3ZDNA&q=https%3A%2F%2Fbsky.app%2Fprofile%2Fitep.org&v=pHJVpINqJTY]

Mostly Economics Podcast #34: Another Lie, Another War with Matt Duss

Today's episode is about the US-Israel war on Iran, its legitimacy and the economic impacts on people in the US. Our guest, Matt Duss, is the Executive VP at the Center for International Policy, former foreign policy advisor to Senator Bernie Sanders, and co-host of Undiplomatic Podcast. Matt debunks myths about Iran's nuclear ambitions and Middle East conflicts. This discussion challenges mainstream narratives and unpacks the lies that's gotten the US into yet another war. -- Follow Dean Baker https://x.com/DeanBaker13 [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbHhLb1YyS0xzZFlDU0RDaVdqbDhERUJNb0RJUXxBQ3Jtc0tuSEUybWlEZFo5SVBheHNYbVU2M1VJdmRMaFd4cVFaNmplZ1ZuVVZFdWFSeHNIUVpWSm5kbWZsTEFnQnZsZWlrY2ZnWlBxWTFLeVBHOWk3YzlDSk5hX2NWcVRzcmZWNk9sT3plZjFuVUZ0QWUwNnY3VQ&q=https%3A%2F%2Fx.com%2FDeanBaker13&v=4fe_S4cSgXI] Follow Mass Duss https://x.com/mattduss [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbmZQRjBrSHg5NEU5N0pVTUowSXhPR0I3X1Jjd3xBQ3Jtc0tramJkTmo3RElzTFN3RTBNN3IzSXNGaTB6SkVSYkpUdnRFbEd3blRtY2ZDdHdZVWdtYWlBVDY4NDBfWi1yUFR6aW5lZXo2QnNOcW9TaHpDRWQ3dFBiamZncEVuUDhwbmIwWk1OZHZGSkpkVmM4dGNicw&q=https%3A%2F%2Fx.com%2Fmattduss&v=4fe_S4cSgXI] Follow Undiplomatic Podcast https://x.com/UnDiplomaticPod [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa3RBS3JubFJ3U1pHaHBUZUpxMFFoaDBkNU5iZ3xBQ3Jtc0tuNnFZSnVTRG9Ea0lQcW5jZVJUZ3JNa1VvcUtPbDVtMWVrUWV5SV9kWFFyVGx0a01udkgzbGtVU3EtMmFkVmJ6cTNZWmRWbzFEV3JwVnFhM0prdUhPaEJ0dDRodnFjeFRTWWtES3ZCOUtheE0wbVp6SQ&q=https%3A%2F%2Fx.com%2FUnDiplomaticPod&v=4fe_S4cSgXI]

Mostly Economics Podcast #33: Nexstar-Tegna Merger and Media Partisanship with Milo Vassallo

Right-wing billionaires are buying up local TV news networks and a federal regulator is helping them do it. In this week's episode, Dean Baker and Milo Vassallo, executive director of the Media and Democracy Project, break down what media consolidation means for communities across. They dig into the Nexstar-Tegna merger, the FCC's role under Brendan Carr, the fall of local journalism, and what a coalition of state attorneys general is doing to fight back. Follow: CEPR on X/Twitter [https://x.com/ceprdc] Dean Baker, Mostly Economics Host and Senior Economist and CEPR Co-Founder [https://x.com/DeanBaker13]

Mostly Economics Podcast #32: How the War on Iran is Shaping the US Economy with Claudia Sahm

In this episode, Dean Baker and renowned macroeconomist Claudia Sahm discuss the economic shocks from attacking Iran and the Federal Reserve's policy stance amid geopolitical tensions. Gain insights into how global events influence US inflation, energy markets, and monetary policy decisions. Claudia Sahm is the Chief Economist at New Century Advisors and a former Federal Reserve economist.