In Episode 1 of 'Rubber Meets The Road Economics,' investor Hunter Craig interviews Professor Edwin Burton from the University of Virginia. The discussion covers Professor Burton's extensive background in academia and Wall Street, the impact of inflation, the significant increase in the money supply, and current economic policies. Key insights include the consequences of government spending, rising interest rates, and their implications on the economy. Professor Burton also shares personal anecdotes and historical comparisons to explain the complexities of modern economics. 00:00 Introduction to the Podcast 00:28 Meet Professor Edwin Burton 00:55 Professor Burton's Background 03:57 Discussion on Inflation and Money Supply 08:30 Impact of Government Spending 21:21 Historical Perspective on Interest Rates 29:42 Closing Thoughts and Famous Stories 31:11 Conclusion and Future Episodes
00:00 - Introduction to the Podcast
00:28 - Meet Professor Edwin Burton
00:55 - Professor Burton’s Background
03:57 - Discussion on Inflation and Money Supply
08:30 - Impact of Government Spending
21:21 - Historical Perspective on Interest Rates
29:42 - Closing Thoughts and Famous Stories
31:11 - Conclusion and Future Episodes