Kyla's Newsletter: Audio Version

How to Get Rich in America

Full piece is located here: https://kyla.substack.com/p/how-to-get-rich-in-america Thank you!

Why You Can't Cancel Anything and What to Do About It with Commissioner Sam Levine

New York City just proposed the first municipal click-to-cancel rule in the country, a direct answer to the subscription traps that keep you paying for gyms you don't go to and apps you forgot you had. I sat down with Sam Levine, Commissioner of NYC's Department of Consumer and Worker Protection (and former head of the FTC's consumer protection bureau, where the federal version of this rule was written before a court struck it down), to talk about what the rule actually requires, why the city stopped waiting on Washington, and what it's like when even the consumer protection commissioner can't cancel a subscription. We get into what a compliant cancellation actually looks like, how enforcement works (it runs on your complaints: nyc.gov/consumers or 311), the Roosevelt Institute's estimate that this could save New Yorkers up to $162 million and 600,000 hours a year, and why Levine thinks the deeper stakes are about whether people believe government can work at all.

Gina Raimondo on the Future for Workers in the AI Economy

Find out more information about RaiseUS here: raiseus.ai I sat down with Gina Raimondo, the 75th governor of Rhode Island and 40th Secretary of Commerce, now the founder and CEO of a new organization called RaiseUS. We talked about how her new project helps workers transition through the AI economy by using a holistic approach across employers, educational institutions, and the government.

Is AI Going to Destroy our Lives or Not?

Transcript here: https://kyla.substack.com/p/is-ai-going-to-destroy-our-lives

The Ozempicization of the Economy

Transcript:https://kyla.substack.com/p/the-ozempicization-of-the-economy And the shows!! Come hang out!! March 29th, Los Angeles: with Kai Ryssdal and David Brancaccio at the Aratani Theater https://events.ticketleap.com/tickets/laistofficial/Marketplace-LIVE-with-Kai-Ryssdal April 19th, Boulder CO: with Planet Money team at Boulder Theater https://www.axs.com/events/1290779/nprs-planet-money-tickets?skin=bouldertheater April 20th: with Planet Money again in Albuequerque, New Mexico https://artsandculture.cabq.gov/13522/13523

The Great Entertainment

Full transcript: https://kyla.substack.com/p/the-great-entertainment

San Francisco Fed President Mary Daly and Richmond Fed President Tom Barkin on What's Actually Happening in the Economy

I sat down with President Mary C. Daly, President and CEO of the San Francisco Federal Reserve, and President Tom Barkin, President and CEO of the Richmond Federal Reserve to talk about the current state of the US economy as we go into 2026. We look back to the past, particularly the 1970s and the 1990s, to understand what those periods can teach us about inflation and policy decisions today. We also talk about the persistent uncertainty we are facing in geopolitics and technology, and the growing gap between the economic data and how people feel. We talk about the headwinds we are facing and the tailwinds to be excited about. And finally, we spend time on what’s often missed in these conversations - the sources of resilience and the reasons that there is still room for optimism. Full transcript at kyla.substack.com

Everyone is Gambling and No One is Happy

Transcript here: https://kyla.substack.com/p/everyone-is-gambling-and-no-one-is

Chicago Fed President Austan Goolsbee on What the Job Market Is Really Telling Us

Full transcript on Substack.

Who's Getting Rich Off Your Attention?

How concentrated ownership and automated manipulation reshape democracy

Cleveland Fed President Beth Hammack on the Risks Markets Are Missing Now

The importance of Fed independence, sticky inflation, AI’s impact on entry-level work, and why she still leans modestly restrictive

Gamblemerica: How Sports Betting Apps Rewired a Generation's Relationship to Risk

Sports betting in the United States of America. Read the full piece here: https://kyla.substack.com/p/gamblemerica-how-sports-betting-apps 00:00 - Intro 00:36 - An Excerpt 02:42 - The United States of Gamblemerica 06:09 - In Dialogue with Jon 08:12 - The History of Sports Betting 13:55 - The State, The Platform, the Hen House 17:17 - The Dopamine Business Model 22:11 - The Language of Individual Responsibility 27:03 - The Human Cost 28:41 - What Comes After Sports Betting? 31:38 - How Do We Fix This? Jon's Book: https://www.amazon.com/Losing-Big-Americas-Reckless-Gambling/dp/B0DGS6G35H

• Chapters

DeepSeek, the Federal Spending Freeze, and America’s Innovation Crisis

Nvidia just lost $600 billion in value in a single day—the largest single-stock drop in history—and all because of a Chinese AI startup called DeepSeek. But this isn’t just about Nvidia or AI. It’s about how America is battling its own assumptions about innovation, efficiency, and progress. In this video, I'll talk about (1) how DeepSeek built a groundbreaking AI model for just $6 million (2) why U.S. tech companies like Meta and OpenAI are spending billions—and if that’s sustainable (3) the impact of federal funding freezes and policy decisions on America’s innovation pipeline (4) why the U.S. might be stuck in a “cold war” with itself over how progress should look and (5) what this means for the future of AI, talent allocation, and global competition. DeepSeek isn’t just disrupting the AI industry; it’s forcing us to ask some hard questions about how we measure success. 00:00 Intro 00:58 Our Broader Challenges 03:08 What Is DeepSeek? 05:00 How did they do it? 05:27 Innovation 08:40 The State of Tech 11:49 Financial Engineering 12:58 Talent 15:45 Final Thoughts EIG paper: https://eig.org/exceptional-by-design/ Music Used 'Shadows and Dust' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au 'Nightfall' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au 'Incantation' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au 'Shoulders Of Giants' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au 'Uprising' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au 'Anna's Theme' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au 'Parasite' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au 'Shoulders Of Giants' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.

The Year Narrative Ate Reality

Full substack: https://kyla.substack.com/p/the-year-narrative-ate-reality

Trust as the Next Great Commodity

We talk about the concept of trust as a commodity and discuss how to invest when trust is scarce. Spectra School: http://www.spectramarkets.com/school/ Hanks Video: https://www.youtube.com/watch?v=d8PndpFPL8g&t=40s How Trump Won: https://kyla.substack.com/p/how-trump-won-what-happens-next-and 00:00 Introduction and Overview 00:24 Special Sponsor Segment 01:15 Current Global Events and Trust 02:40 Investing in Trust Portfolios 04:51 Framework for Evaluating Companies 06:34 The Cycle of Apathy and Trust 10:13 Rebuilding Trust: Individual and Societal Efforts 12:11 Actionable Takeaways for Investors 14:14 Conclusion and Final Thoughts Disclaimer: This is not financial advice or a recommendation for any investment. The Content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Thanksgiving to Black Friday: The Beauty of Supply Chains

The economics of Thanksgiving and Black Friday! 00:00 Intro 00:29 Turkeys 01:25 Supply Chain 03:18 The Sweet Potato Belt and Pumpkin Capital 04:34 Black Friday 04:59 The Impact of Smartphones on Shopping 05:34 Game Theory and Price Tracking 06:37 The Future of Black Friday 08:34 Conclusion Sources https://www.youtube.com/watch?v=jjcjvNvvGLc https://www.youtube.com/watch?v=bN7mG9srVh4 https://www.youtube.com/watch?v=Qsnck0LV8w4 https://www.youtube.com/watch?v=_4h-W6cHWj8 https://www.youtube.com/watch?v=lL2-HOzByBY https://www.youtube.com/watch?v=nk2MBd5hmHQ 📚 Want to learn more? Check out: Newsletter: kyla.substack.com Book: "In This Economy?" Podcast: Let's Appreciate 🔗 Follow for daily economic insights: TikTok: @kylascan Instagram: @kylascan LinkedIn: @kylascan DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.

Understanding Trump's Tariffs

What even are tariffs 00:00 Tariffs 01:45 History 02:40 Why does Trump Like Them? 05:02 Market Response 09:30 The Economic Impact 📚 Want to learn more? Check out: Newsletter: kyla.substack.com Book: "In This Economy?" Podcast: Let's Appreciate 🔗 Follow for daily economic insights: TikTok: @kylascan Instagram: @kylascan LinkedIn: @kylascan DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.

Why Everything is Still Expensive: A Fed President Explains

I had questions. A lot of them. So I sat down with someone who might have answers - Mary Daly, President and CEO of the San Francisco Fed. She's one of the people actually making the decisions that affect your money. Five big things I wanted to understand: Why everything still feels so expensive What's really happening with jobs Why Wall Street and Main Street feel like different planets How the Fed makes these massive decisions Whether they can actually fix this 00:00 Intro 02:10 Some History 07:30 Price Stability 10:33 The Fed Test 11:05 The Price Problem 18:47 The Labor Market 22:52 The Path Forward Sources https://www.youtube.com/watch?v=laSqNpmCeQk https://www.youtube.com/watch?v=SxTnOWDw31s https://www.youtube.com/watch?v=mL-OaWx9LrM https://www.youtube.com/watch?v=wLyh5fSTLLw https://www.youtube.com/watch?v=M7nj2X-yl_U&t=12s https://www.youtube.com/watch?v=rVDE5Q74EhM&t=253s https://www.youtube.com/watch?v=512mhHUoJgk https://www.youtube.com/watch?v=jheesQ8ot3g https://www.youtube.com/watch?v=8b03af6b670 https://www.youtube.com/watch?v=dTivWJvGYtI https://www.youtube.com/watch?v=kuNCfkDtPNk 📚 Want to learn more? Check out: Newsletter: kyla.substack.com Book: "In This Economy?" Podcast: Let's Appreciate 🔗 Follow for daily economic insights: TikTok: @kylascan Instagram: @kylascan LinkedIn: @kylascan DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.

How Donald Trump Won and What Happens Next for the Economy

Donald Trump’s election has ben elected the 47th president of the United States. Here's what it means and what could happen next. Newsletter: https://kyla.substack.com/p/how-trump-won-what-happens-next-and Sources https://www.youtube.com/watch?v=MkrNsNDaXS8 https://www.youtube.com/watch?v=4t0S9zZn2QQ https://www.youtube.com/watch?v=3kBiyueN-l4 https://www.youtube.com/watch?v=SgUD03R50oc https://www.youtube.com/watch?v=fTxECVof1GY https://www.youtube.com/watch?v=xpG0PBsuLjU https://www.youtube.com/watch?v=wwzHi5C6y2E https://www.youtube.com/watch?v=D3ptpdZwNb0 https://www.youtube.com/watch?v=m3ErLnADwX4 https://www.youtube.com/watch?v=-Q29HmHSgfk https://www.youtube.com/watch?v=mcHCpyfMavA https://www.youtube.com/watch?v=PFw--KOUtCE https://www.youtube.com/watch?v=3-PmFUV-dtw https://www.youtube.com/watch?v=BJOMfH08waI https://www.youtube.com/watch?v=tF-I9I1k9J0 https://www.youtube.com/watch?v=WkyPPEqjHdc https://www.youtube.com/watch?v=8d3wzom0RNw https://www.youtube.com/watch?v=_4jWMKC4nZw https://www.youtube.com/watch?v=KaWihejcGcM https://www.youtube.com/watch?v=hb28kAavh0M https://www.youtube.com/watch?v=6Xa9T2OMzmw 00:00 Intro 01:17 Why Did DJT Win? 01:57 The Role of the Manosphere 03:59 No One Wants to be an Incumbent 04:41 Economic Disconnect 05:42 Inflation 07:42 Inequality 11:18 Structural Affordability 12:41 The Information Problem 15:32 Institutional Credibility 19:08 The Disconnect 20:40 Policy and Person 21:55 Biden Retrospective 27:43 How to Fix It 29:35 Trump's Agenda 31:20 Tariffs 38:21 The Market 40:34 What is Happening 45:13 The Path Forward DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.

Comparing Economic Policies: Harris vs. Trump - A Deep Dive

I follow the outline of the CRFB here. In this episode, we break down the economic policy proposals of two major candidates: Kamala Harris and Donald Trump. We analyze their plans on taxes, healthcare, education, housing, and more, providing insights into how each policy could impact the economy. We draw from multiple sources, including CRFB and Budget Model, to offer an objective comparison. Key topics discussed include tax cuts, social spending, border security, tariffs, and long-term economic stability. Find out which candidate's policies could be better for the U.S. economy and why. Sources https://www.crfb.org/papers/fiscal-impact-harris-and-trump-campaign-plans https://itep.org/kamala-harris-donald-trump-tax-plans/ https://budgetmodel.wharton.upenn.edu/issues/2024/8/26/trump-campaign-policy-proposals-2024 https://budgetmodel.wharton.upenn.edu/issues/2024/8/26/harris-campaign-policy-proposals-2024 https://youtu.be/qdgIP6IjHdk?si=XARLjRYCIHlCuEBf https://youtu.be/AnO-QPn5v58?si=OweXWRAE-GHnYS_u https://youtu.be/oxufaMb37SE?si=dCavn3EYGDtDG11p https://youtu.be/2ec4Oa2L1fo?si=zDmAaeT560GXKP4l https://youtu.be/8GH-zVMGuWw?si=BeSHFAqOmoXeO6q3 https://youtu.be/MVph94jk8ZM?si=M8FVXFUKJ0mpoHaE https://youtu.be/oc_voADxXFE?si=bdGnL9vegml5WrVe https://youtu.be/Fv03JJ_GaIQ?si=hb8USPAaYFvhxm7z https://youtu.be/uAyo4sywXG8?si=fd2ORSf1bOjCcY6c https://youtu.be/UWgndJn1jUI?si=QC1ZD35jymumlz09 https://youtu.be/Mt-y2_Q1EkU?si=6Gd7lZfptxVRRaey https://youtu.be/KxYdVTETwu4?si=RjMyUrocIWhiKZDf https://youtu.be/btB3ghpu5RI?si=h7Hd0F2-MHokjOsB https://youtu.be/_-eHOSq3oqI?si=Jp4SQIThvAJfFNFl https://youtu.be/pPlhS22BG9k?si=atlv3nR_zYr4ih6G https://youtu.be/KmQLhtlHO1o?si=_bY4IAclwOoFQXFS