Ep. 80 - Ali Farahmand-Razavi - Economics Made Simple: Inflation, Deficit, Nazism & Stock Market Bubbles

Ali Farahmand-Razavi is an economist and content creator who shares his tips, insights, and wisdom in today’s episode.From exploring why the Nazis were, in fact, left-wing, to discussing why Marxism endures today, Ali delves into a range of fascinating topics. He explains what a government deficit really is and how it has hamstrung successive governments, critiques what Gary’s Economics got wrong, and weighs up the head-versus-heart dilemma of moving to Dubai for tax reasons—and much more.Enjoy the episode.Ali's Instagram - https://www.instagram.com/ali_razavi12/?hl=enAli's LinkedIn - https://www.linkedin.com/in/alifarahmandrazavi/?originalSubdomain=uk 0:00 - Introduction0:34 - Were The Nazi’s Left or Right Wing?8:23 - What Marxism Got Wrong 13:23 -  Reform’s Economic Policies16:46 - Economics Over Protesting19:10 - Implications Of A Government Deficit 25:30 - Rudimentary Inflation Tracking 28:47 - What Gary’s Economics Got Wrong39:44 - Modern Comforts vs. House Ladder45:48 - Don’t Worry About London51:52 - Dubai (Head) vs. England (Heart) 56:44 - Why Do We All Want To Be Farmers?1:01:20 - Are We In An AI Bubble? 1:07:34 - Why Do We Wear Ties?