You know, there's even research papers that are saying like we don't need to have a recession, right?

Like if we spend money the right way in a productive capacity, if the Federal Reserve comes in with their toolkit,

like it should be okay, but like we're kind of dealing with the

consequences of that now too where the Fed's toolkit might not be the right toolkit to

fight some of the inflation that we're experiencing, like raising rates in order to battle

inflation when a lot of inflation is caused by shelter costs is not maybe the best

path. I'm Mary Long and that's Kyla Scanlon, an economic commentator, educator, and the author of the new book in this economy, how money and markets really work.

I cut up with Kyla in our Denver studio for a conversation about the disconnect

between how people feel about the economy and real economic data, why inflation

right now is kind of funky, and how Bluey and Pepa Pig are disrupting the stock market and now you comment most often on the macro.

So how did you go from focusing on the micro to the macro and what is it that now you find so compelling

about that larger broader picture?

Yeah, I mean I started the financial content

creator quote unquote journey when game stop happened and so even

back then I was more focused on companies like I would write various pieces I

remember I wrote this big piece on Roblox.

And then the Federal Reserve started getting more attention

because inflation was getting out of control.

And I realized that there was maybe a gap in knowledge

between what the Federal Reserve was doing and what people

understood them to be doing. And so I started making videos about monetary policy and I

just really found it so fascinating. I get called a Fed Simp sometimes, but I think that like the way that money

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