Boom Bust Season 2 Episode 318 Rickards On Helicopter Money and Ariely On Confabulation

In season 2 episode 318 of Boom Bust, viewers are in for a treat as they hear from two experts in their respective fields. The first segment features James Rickards, who is a renowned economist and best-selling author. He provides insights on the highly debated topic of helicopter money, which refers to the monetary policy where central banks distribute money directly to the public. Rickards dives into the implications of helicopter money and its potential benefits and drawbacks, including the risk of hyperinflation and currency devaluation. He also shares his views on how this policy could be implemented and the role it could play in economic stimulus during a crisis.

The second segment of the episode features a conversation with behavioral economist Dan Ariely. He explores the issue of confabulation, which is the phenomenon of creating false memories or beliefs to make sense of an experience or situation. Ariely shares his research on how confabulation affects decision-making and how it can be a hindrance to our ability to learn from our mistakes. He also discusses the potential solutions to this problem, including the role of education and introspection in recognizing and overcoming our biases.

Throughout the episode, viewers can expect to hear a balanced and insightful debate from the experts, who offer unique perspectives on the topics at hand. The show aims to provide a comprehensive analysis of the current economic landscape, helping viewers stay informed and up-to-date on the latest developments in the field. Boom Bust season 2 episode 318 is a must-watch for anyone interested in economics, finance, and behavioral psychology, as it offers a valuable and thought-provoking discussion on some of the most pressing issues of our time.