Podbit · Pivot

SpaceX IPO: Markets, Morals, and What It Means for You

Explore episode Jun 12, 2026

Business

Inflation Is a Wealth Transfer — and Revolutions Start When People Work 2 Jobs and Stay Hungry

SpaceX IPO: Markets, Morals, and What It Means for You · Jun 12, 2026 Business

At 4.2% compounding, a $50K car costs $61K in five years — and for the first time in years, inflation is beating wage growth. This isn't an inconvenience for asset owners; their stocks and homes keep pace. It's a devastating squeeze on earners without assets, and history shows revolutions don't start from unemployment but from people who work two jobs and still can't eat.

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