Plato's Cave: Economic and Media Analysis in a Dark Time

Ep. 36 The New Fed Head, Enshittification: Amazon; Threat of Stagflation Looms

43 min · 27 de abr de 2026
Portada del episodio Ep. 36 The New Fed Head, Enshittification: Amazon; Threat of Stagflation Looms

Descripción

Bill explains the route to approval by the new Fed Chairman, we discuss how the war in Iran threatens to lead into stagflation; Linda explains how enshittification of Amazon relates to Amazon's entry into the online entertainment industry. Bill introduces us to AI Theology Porn in response to Trump's meme of himself as Jesus, and Linda introduces the term Slopaganda to describe the AI generated videos from Iran that are flooding YouTube.

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episode Ep 39: Bond Yields and the Feds; Musk Loses Lawsuit; Altman's Open AI; Rubio, the Jock? artwork

Ep 39: Bond Yields and the Feds; Musk Loses Lawsuit; Altman's Open AI; Rubio, the Jock?

On the cusp of Musk losing his lawsuit against Altman, or the Battle of the Stupid Titans, Linda takes a deep dive into Altman's charm, his hypocrisy, and why we should all be worried. Bill explains why the increase in bond yields means Trump will not get the lower interest rates he devoutly wishes for, even with his handpicked head of the Federal Reserve. Bill applies Thorstein Veblen's economic theories to argue that neither Altman nor Musk is an innovator, but each relies on the trappings of status to signal they have the Midas touch. Linda fulfills a promise to listeners to find out if Rubio was a jock in college (because of that crystal football he gave to the underwhelmed Pope).

27 de may de 202634 min