Contents

  1. Cover
  2. Title Page
  3. Copyright
  4. Contents
  5. Dedication
  6. Foreword
  7. Introduction
  8. Part I: The Vibe Economy
    1. Chapter 1: The Economic Kingdom
      1. The Kingdom
      2. Vibes are the Economy
    2. Chapter 2: The Vibe Economy
      1. Moods and Markets
      2. The Economic Circle of Life
      3. Fueling Feelings
      4. Vibe-Ology and Emotion Economy
      5. The Uncertainty Cake
      6. Economic Mood Rings
  9. Part II: How Money Works
    1. Chapter 3: The Weird World of Money
      1. The Weird World of Money
      2. Dollars and Sense: What Makes Money, Money?
      3. Through the Ages: The Evolution of Money
      4. The American Currency Story: Revolution to Recognition
    2. Chapter 4: The Mechanics of Modern Money
      1. The Banking Blueprint
      2. Fractional Reserve Banking
      3. The Art of Lending
      4. Decoding Bank Balance Sheets
      5. The Invisible Sheriff
      6. How Banks Hedge Risk
      7. How Banks Can Fail
      8. The Dollar’s Reign
      9. Rethinking the Dollar
      10. Final Thoughts
  10. Part III: How Money Is Measured
    1. Chapter 5: Supply and Demand
      1. Introduction to Supply and Demand
      2. The Economics of Banana Bread
      3. Supply Chains
      4. Semiconductors
      5. Used Cars
      6. Eggflation: When Eggs Come in Short Supply
      7. Beyond Mechanics and into Policy
      8. Making Supply Chains Better
    2. Chapter 6: GDP and the Economy
      1. Measuring GDP
      2. Consumption
      3. Investment
      4. Government Purchases
      5. Net Exports
      6. The Gingerbread Yeti Economy
      7. Debt-Fueled Growth
      8. What Does Gdp Really Mean?
      9. Growth at Any Cost
      10. Looking to the Future
    3. Chapter 7: Commodities
      1. Globalization and Commodities
      2. External Factors and Commodities
      3. Oil
      4. Gas Prices
      5. Metals
        1. The Rise of U.S. Shale Oil Production
      6. The Rise of Renewables
      7. Artificial Intelligence and Commodities
    4. Chapter 8: Inflation
      1. Types of Flation
        1. Measuring Inflation
        2. The Consumer Price Index: The People’s Inflation
        3. Personal Consumption Expenditures: The People’s Inflation, but for the Fed
        4. The Producer Price Index: Inflation for Businesses
      2. The Inflation Pizza
      3. Inflation Expectations
      4. Causes of Inflation
        1. #1 Price Hikes
          1. A Quick Profit Explainer
        2. #2 The State of the Labor Market
        3. #3 Globalization
        4. #4 Energy Markets
      5. Other Types of Flations
        1. Deflation
        2. Hyperinflation
    5. Chapter 9: The Labor Market
      1. What Is the Labor Market?
      2. Key Labor Market Metrics
        1. The Unemployment Rate
        2. The Labor Force Participation Rate
        3. Surveys and Measurements
      3. Wages
      4. The Minimum Wage
        1. The Skewed Way We See Wage Growth
        2. The International Impact of Low Wages
      5. How We Value Work
      6. Worker Power
      7. How Can the Labor Market Be Improved?
        1. Immigration
        2. Parental Leave and Disability Policies
        3. Rethinking Ownership
      8. Building
    6. Chapter 10: The Housing Market
      1. The American Dream
      2. The Housing Cycle Is the Business Cycle
      3. How to Buy a House
        1. Mortgage Rates Over the Past Two Years
      4. Well, Why Don’t We Have Enough Homes?
      5. Housing in Other Countries
      6. Fixing the Problem
    7. Chapter 11: Stock Market
      1. What Are Markets?
      2. Risk Types in Markets
      3. Stock Market Versus Economy
        1. Valuation Example
      4. Exchange-Traded Funds
        1. Is Blackrock Running the World?
        2. Index Providers
        3. Passive Versus Active
      5. The Stock Market Is Seven Companies
      6. Efficient (And Inefficient) Markets
      7. What Happened in 2021?
      8. Why Did Markets Become a Meme?
    8. Chapter 12: Bond Market
      1. The Bond Market
      2. What Are Bonds?
        1. Bonds Between Friends
        2. Bond Ratings
        3. High-Yield Friend
      3. Treasury Bills, Notes, and Bonds
      4. Treasury Market
      5. Markets as Vibe Reflectors
    9. Chapter 13: Cryptocurrency
      1. The Cryptocurrency Narrative
      2. Nonfungible Tokens
      3. Is Dogecoin Alive or Dead?
      4. Ftx
      5. Where Crypto Went Wrong
    10. Chapter 14: Recessions
      1. Recessions and Economic Downturns
      2. The Semantics of a Recession
      3. What Does a Recession Look Like?
      4. Historic Recessions
        1. 2008 Recession
        2. 2020 Recession
        3. Zombie Companies
      5. The Vibecession
      6. The Benefits of Recessions
  11. Part IV: How Money Moves
    1. Chapter 15: Fiscal Policy
      1. What Is Fiscal Policy?
      2. What Does the Government Spend Money On?
      3. Taxes
      4. Bonds
      5. The Debt Ceiling
      6. The United Kingdom Shows That Fiscal Policy Is an Art
      7. Lessons from the Eurozone
      8. Can the Government Survive?
      9. Fiscal Policy Is Good, Actually
    2. Chapter 16: Monetary Policy
      1. What Does the Fed Do?
      2. How Do the Fed’s Tools Work?
        1. Reserve Requirements
        2. Open-Market Operations
        3. Repo Agreements
          1. Types of Repo Agreements
        4. The Discount Rate
        5. The Fed Funds Rate
      3. Being a Central Bank Is About Belief
        1. Monetary Policy in 2020
        2. Fed Cred
    3. Chapter 17: The Federal Reserve
      1. Who Started the Fed?
      2. How Does the Federal Reserve Work?
        1. Board of Governors
        2. Federal Open Market Committee (FOMC)
        3. Federal Reserve Banks
        4. The Chair of the Board
      3. The Fed’s Narrative
        1. Narrative Creation
        2. Resistance to the Narrative
      4. The Fed’s Mountain
        1. The 1970s
        2. Volcker in 2022
        3. 2 Percent Target
        4. How the Fed Deals with Markets
        5. The Fed and the Labor Market
        6. Navigating the Fog
  12. Part V: Theories, Problems, and Opportunities
    1. Chapter 18: Old Guy and New Theories
      1. Classical Economics
      2. Keynesian Economics
      3. Monetarism
      4. New Growth Theory
      5. Other Theories
    2. Chapter 19: Problems
      1. How to Give Up
      2. The State of the American Dream
      3. Economy and Mental Health
      4. The Shifting Nature of Work
      5. Demographics
      6. When Systems Fail
      7. Your Eyeballs Are Dollar Signs
      8. Social Media Makes It Worse
      9. Media Literacy Crisis
      10. Media, Nostalgia, and Consumerism
      11. Things Are All the Same Now
      12. What Gme Really Meant
      13. Economic Inequality and Cooperation
    3. Chapter 20: Opportunities
      1. Healthcare
      2. Immigration
      3. Housing
      4. Education
      5. Clean Energy
      6. The Abundance Mindset
  13. Acknowledgments
  14. Notes
  15. Index
  16. About the Author

Landmarks

  1. Cover
  2. Cover
  3. Title Page
  4. Start
  5. Table of Contents
  6. Copyright

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