How the Macro, Tariffs and DOGE will Impact your Bank Account | Noah Smith on How To Money

This week, we’re bringing you an episode from the How to Money podcast, hosted by Joel Larsgaard and Matt Altmix, with special guest Noah Smith. Together, they dive into a range of topics, including the impact of tariffs, Substack’s revolutionary media model, and Noah’s unique economic philosophy. Tune in for insights on the escalating national debt, the baby bust, and the rising costs of U.S. healthcare. Noah also offers solutions, with a focus on boosting productivity and strategic immigration. Plus, don’t miss their take on Argentina’s dramatic economic decisions!--🙏 Help shape our show by taking our quick listener survey at https://bit.ly/TurpentinePulse.--RECOMMENDED PODCAST:Check out How To Money Podcast on:Apple: https://podcasts.apple.com/us/podcast/how-to-money/id1337718773Spotify: https://open.spotify.com/show/6i5Cau3GShqOxHkSRT5TjLiHeart: https://www.iheart.com/podcast/1119-how-to-money-30166328/--Highlights from the Episode: (for more head to https://www.howtomoney.com/tariffs-doge-and-your-money-w-noahpinion/) Trump's approach to tariffs appears to be influenced by stock market reactions. The main spending pressures come from healthcare programs (Medicare and Medicaid). Declining birth rates (around 1.5-1.6 children per woman in developed countries) pose significant economic challenges. Healthcare costs are primarily driven by providers such as hospitals, doctors, equipment, and pharma, while insurance companies, operating on low profit margins, mainly serve as cost pass-throughs, with recent slowdowns in cost growth potentially easing budget pressures. Technological advances in AI, solar, and batteries could drive future growth. President Milei's economic reforms, though initially painful, are showing positive results. --SPONSORS: NetSuiteMore than 41,000 businesses have already upgraded to NetSuite by Oracle, the #1 cloud financial system bringing accounting, financial management, inventory, HR, into ONE proven platform. Download the CFO's Guide to AI and Machine learning: https://netsuite.com/102FoundFound provides small business owners tools to track expenses, calculate taxes, manage cashflow, send invoices and more. Open a Found account for free at https://found.com/econ102.AdQuickThe easiest way to book out-of-home ads (like billboards, vehicle wraps, and airport displays) the same way you would order an Uber. Ready to get your brand the attention it deserves? Visit https://adquick.com/ today to start reaching your customers in the real world. IncogniTake your personal data back with Incogni! Use code ECON102 at the link below and get 60% off anannual plan: http://incogni.com/econ102--SEND US YOUR Q's FOR NOAH TO ANSWER ON AIR: [email protected] ON X:@HowToMoneyPod@HowToMoneyJoel@HowToMoneyMatt@noahpinion@eriktorenberg@turpentinemedia--RECOMMENDED IN THIS EPISODE:Noahpinion: https://www.noahpinion.blog/How To Money: https://www.howtomoney.com/Tariffs, DOGE, and Your Money w/ Noahpinion – Episode 944: https://www.howtomoney.com/tariffs-doge-and-your-money-w-noahpinion/ Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.