Max Levchin

speaker

2,409 appearances 6 recordings 3 series first heard Feb 2025 last heard yesterday

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

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recordings per month · last 12 months

Recordings per month over the last 12 months — 4 in all, peaking in Feb 2026 with 2.

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The

the delicious caramel flavor, whatever else they put in this.

It does not come from the Middle East.

But aluminum, actually, there are smelters in the Middle East.

Aluminum is in shorter supply because of the closure of the Strait of Hormuz.

And so Diet Coke is rapidly going out of stock.

And so you need to load up if you're prepared.

I have not actually gotten any.

I'm not stockpiling Diet Coke yet.

But who knows?

Maybe prices go up.

That's what inflation represents.

And Wall Street is getting more anxious about it.

So we can read through this quickly before we are joined by Max Levchin from Affirm.

So, surging energy prices have pushed investors' inflation expectations to multi-year highs.

Tuesday's hot readout on consumer prices is intensifying Wall Street's anxiety about inflation.

Even before the latest release of the Consumer Price Index, inflation expectations had been climbing, a potential trouble spot in the market where

stocks have largely shrugged off the U.S.-Iran conflict and the resulting energy shock.

And so investors bet on inflation by buying and selling both ordinary U.S.

treasuries and those that hedge the risk of inflation called TIPS, Treasury Inflation Protected Securities.

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