Byrne Hobart on COVID-19 and its Effects on the Financial Markets

Byrne Hobart (@ByrneHobart), creator of The Diff (diff.substack.com), joins Erik on this episode.They discuss:- How have the past few months changed our understanding of institutions and our trust in them- Is the current environment a win for modern monetary theorists?- Is the current environment a win or loss for bitcoin maximalists that see the Fed as a huge liability?- What should the Fed and Congress have done differently?- Is the government running on autopilot?- How do we make sense of what’s happening in the stock market?- Is the stock market dominated by institutional or retail investor sentiment? How should we think about bailouts and stock buybacks?- Future of Journalism and thoughts on Citizen Journalism- How will China’s brand evolve over time?- Byrne’s thoughts on “It’s Time to Build”- What’s happening with pensions and how do we make sense of it?- Has COVID accelerated the decline of traditional universities?- How do we think about the oil markets right now, especially during the asme time as COVID?- What are the second order effects of COVID?- Is the stock market pricing in a recession?Thanks for listening — if you like what you hear, please review us on your favorite podcast platform. Check us out on the web at villageglobal.vc or get in touch with us on Twitter @villageglobal.