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This week on Prof G Markets, Scott and Ed dive in and break down the massive volatility in the markets this week due to Trump’s tariffs. Then Gary Stevenson, host of the Youtube channel Gary’s Economics, joins the show to break down the roots of wealth inequality. He explains what he learned from the 2008 financial crisis, offers ideas for what could help bring back a strong middle class, shares his perspective on the trade war, and gives practical advice for navigating this rapidly changing world. Order Algebra of Wealth now! https://www.amazon.com/Algebra-Wealth... Timestamps: 00:00 - Today's number 00:20 - Today's episode 03:03 - Headline 03:41 - Trump's tariff plans continue 28:47 - Ad break 31:09 - Trade War Chaos Drives Massive Volatility — ft. Gary Stevenson 31:18 - Where did this all begin for Gary Stevenson? 38:04 - Do you agree that wealth inequality was a conscious decision that was made by people in power? 43:58 - What are the basic drivers of wealth inequality over the last 15 years? 45:20 - What are the things you would suggest in terms of economic or social policy to restore a robust middle class? 46:20 - What do you think of implementing an alternative minimum tax as opposed to a wealth tax? 48:54 - Do you believe the middle class can only exist and thrive through wealth redistribution from the rich? 50:18 - Do you see a future in which we can have wealth redistribution without a societal collapse? 53:48 - Break 54:02 - What’s your reaction to what’s going on in America? 56:56 - How should individual people deal with this new world? 59:59 - What advice would you give to your younger self or some of the young people listening to this podcast? 01:03:12 - Break 01:03:21 - Conclusion 01:06:55 - Credits Subscribe to Prof G Markets on Spotify https://open.spotify.com/show/7syF2ry... Follow us on Apple Podcasts https://podcasts.apple.com/us/podcast... Want more Prof G? Check out everything we're up to at https://profgmedia.com/ #business #news #tech #financemotivation #stockmarket #profg #scottgalloway #profgmarkets #ai #earnings #stocks #inflation #investmentstrategies #investment #investing #gdp #podcast