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cover of episode Global Pushback on Tariffs + Can the FTC Beat Meta?

Global Pushback on Tariffs + Can the FTC Beat Meta?

2025/4/21
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Prof G Markets
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Chapters
Scott and Ed discuss the Blue Origin launch, criticizing the use of celebrities to promote it and questioning whether it represents genuine virtue or mere vanity. They touch on broader themes of wealth inequality and societal disillusionment with the elite.
  • Celebrity endorsements are losing their appeal as people become more critical of wealth and vanity.
  • Movements like Black Lives Matter and Me Too highlight systemic issues and target the wealthy.
  • There's growing resentment towards the concentration of prosperity at the top 1%.
  • Rich individuals are perceived negatively when they try to rebrand wealth as virtue.

Shownotes Transcript

Scott and Ed discuss gold hitting a record high, the Trump administration’s new restrictions on chip exports, and Jerome Powell’s comments on tariffs. Then, they unpack how other nations are pushing back against the tariffs, highlighting Trump’s key strategic missteps—including his underestimation of global rivals. Finally, they dissect the key moments from the Meta antitrust trial so far, with Scott laying out the economic upsides of breaking up the company, and Ed outlining how the FTC could actually come out on top.

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