Kyla Scanlon on the “Vibecession”, the Vibe Economy, and the Path to Growing American Wealth

Kyla Scanlon is the founder of Bread, a financial education company where she brings economics to a wide and often younger audience, and is also the author of the book, *In This Economy? How Money and Markets Really Work.* Kyla joins David on Macro Musings to talk about a wide range of economic issues, including the case nominal GDP targeting, the basics of the “Vibecession” and the vibe economy, how to further build American wealth, and more.   Transcript for this week’s episode.   Kyla’s Twitter: @kylascan Kyla’s website   David Beckworth’s Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Check out our new AI chatbot: the Macro Musebot! Join the new Macro Musings Discord server!   Join the Macro Musings mailing list! Check out our Macro Musings merch!   Related Links:   *In This Economy? How Money and Markets Really Work* by Kyla Scanlon   *Less Than Zero: The Case for a Falling Price Level in a Growing Economy* by George Selgin   Timestamps:   (00:00:00) – Intro   (00:01:06) – Kyla’s Academic and Professional Path   (00:15:20) – Flipping the Macro Musings Script: David’s NGDP Targeting Pitch   (00:30:52) – Breaking Down the “Vibecession” and the Vibe Economy   (00:34:41) – The Housing Side of a Vibe Economy   (00:38:54) – The Path to Growing American Wealth   (00:41:40) – The Issue of Population Growth   (00:44:15) – Gen Z’s Interest in Macroeconomics   (00:47:52) – How Should We Think About Labor Market Indicators?   (00:50:51) – Outro