Max Levchin

speaker
2,264 appearances 5 recordings 3 series first heard Feb 2025 last heard 13 May

Max Levchin’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Feb OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in Feb 2026 with 2.

Appearances

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while the real economy is suffering from 2.7% inflation over the next five years.
That's a recipe for stagflation, stagnation plus inflation, a very rough thing for any economy to go through and something that the market and the economy and the politicians should be focused on.
So the 10-year break-even rate has also climbed.
hitting 2.5% this month, its highest level since 2023, driven largely by the war-fueled surge in oil prices.
The rise in inflation expectation worries investors because of the challenges it poses for the Fed interest rates policy and major indexes' latest run to records.
And so for a while, everyone was thinking about maybe interest rates will come down, maybe mortgages will become more affordable, but
There was even the whole debate or the fight with Powell and lawsuits, which were eventually dropped, but Powell and Trump were at each other's necks and issuing statements about their vision for the future of the American economy.
And on the flip side, you have Kevin Warsh coming in, maybe more friendly, maybe more receptive to a rate cut, but the data makes that very, very hard to justify, and so.
We are in.
Yeah.
Potentially, potentially.
Well, our next guest, Max Levchin from Affirm.
He's the co-founder and CEO.
He's returning to the show.
We've been keeping him waiting far too long.
Max, how are you doing?
Third time.
Third time can't be the charm.
I want 25th time to be the charm.
Let's keep it going.
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