About this episode
Is America running on three economies at once? Zaid Admani sits down with Kyla Scanlon (economist, creator, and New York Times bestselling author) to break down the speculative economy, the real economy, and the meme economy. We dive into whether AI is a bubble and why its trillion-dollar data center buildout makes the system more fragile than past tech manias. Kyla also explains why Gen Z faces record unemployment, how “casino culture” — from fartcoin to Labubus — has replaced homeownership for a generation, and why the Fed’s obsession with 2% inflation might be outdated. Check out Kyla's substack: https://kyla.substack.com/