{"podcast":{"title":"InFi: the Future of Finance","slug":"infi-the-future-of-finance-6015611","podcast_index_feed_id":6015611,"rss_url":"https://feeds.libsyn.com/457371/rss","website_url":"https://sites.libsyn.com/457371","image_url":"https://static.libsyn.com/p/assets/8/0/e/c/80eca076ccdd9c7be55e3c100dce7605/INFI_Podcast_-_Cover_-_1x1_-_Hi-Res.jpg","author":"Infineo","episode_count":181,"summary":"Welcome to INFI: the Future of Finance, hosted by American economist and author Dr. Robert P. Murphy. Each week tune in for dynamic discussions with business pioneers about emerging trends in finance, life insurance, asset management, technology, and more.","last_synced_at":"2026-09-19T08:21:24.438896+00:00","page_url":"https://stenobird.com/podcast/infi-the-future-of-finance-6015611"},"episode":{"title":"Ep. 148: Why Mamdani Marts Will Hurt Poor New Yorkers","slug":"ep-148-why-mamdani-marts-will-hurt-poor-new-yorkers","published_at":"2026-07-31T19:00:00+00:00","page_url":"https://stenobird.com/podcast/infi-the-future-of-finance-6015611/ep-148-why-mamdani-marts-will-hurt-poor-new-yorkers","show_page_url":"https://stenobird.com/podcast/infi-the-future-of-finance-6015611","url":"https://e86540bd-c269-4e1c-9977-72fca5cd2809.libsyn.com/ep-148-why-mamdani-marts-will-hurt-poor-new-yorkers","audio_url":"https://traffic.libsyn.com/secure/e86540bd-c269-4e1c-9977-72fca5cd2809/InFi_-_Ep._148_-_Bob_solo_on_Mamdani.mp3?dest-id=3851883","summary":"Bob explains the numerous flaws with NYC Mayor Mamdani's proposal to have government-run grocery stores sell key items at 30% below retail. Bob also explains the problem with a popular meme asking why people pay taxes if the government can just print money. MAMDANI MARTS — WHAT COULD GO WRONG? NYC Mayor Mamdani wants to open five city-run grocery stores selling a core set of items at 30% below typical retail prices. It sounds like a win for struggling New Yorkers — but the economics tell a very different story. Bob walks through the cascade of problems this creates: - The Competition Problem - The \"Savings\" Illusion - The Shelf-Stripping Problem - Who Actually Benefits? - The Opportunity Cost - Better Alternatives Exist Bob then responds to a Libertarian Party-retweeted image asking why people pay taxes if government can print money, warning it echoes MMT-style misconceptions: at current spending levels, replacing taxation with money printing would trigger massive inflation and currency collapse, similar to financing everything by borrowing without taxation. He cites the Fed's balance-sheet expansion during COVID and the ensuing high inflation to illustrate limits of monetary financing. Watch the video version of this episode here: https://youtu.be/U9p7sJjQOvY Subscribe to our YouTube channel: https://bit.ly/3XXfmGS Follow us on Instagram: https://www.instagram.com/infineogroup Follow us on Twitter: https://www.twitter.com/infineogroup Learn more about Infineo at: https://www.infineo.io Audio Production by Podsworth Media - https://podsworth.com","meta_description":"Bob explains the numerous flaws with NYC Mayor Mamdani's proposal to have government-run grocery stores sell key items at 30% below retail. Bob also expla…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1473,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/infi-the-future-of-finance-6015611/episodes/ep-148-why-mamdani-marts-will-hurt-poor-new-yorkers/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/infi-the-future-of-finance-6015611/ep-148-why-mamdani-marts-will-hurt-poor-new-yorkers.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}