How America Became a Loophole Economy
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Hogging seats on a crowded train, not saying excuse me, watching videos on your phone with no headphones in. Sometimes it feels like we don't know how to act anymore. What we have been seeing, increasingly, is people breaking rules. Why should I play by the rules if nobody else is going to do that for me? This week on Explain It to Me, how to mind your manners.
New episodes Sundays wherever you get your podcasts. Welcome to the week from Prof Gmedia, where we break down what mattered and what it all means. I'm George Hahn and it's Friday, May 22nd. This week we talked a lot about rules, rules around war, rules around markets, rules around political power, and what happens when people making decisions stop following them. Let's get into it.
On Wednesday's ProfG Markets episode, Ed sat down with Anthony Scaramucci, former White House communications director and founder of Skybridge Capital to go through the 3,700 plus stock trades the president made in the first quarter of 2026. That's more than 40 trades a day, altogether valued somewhere between $220 million and $750 million. And as Ed laid it out, a lot of those trades weren't random. January 6th, he buys up to up to a million dollars worth of NVIDIA stock, and then January 14th, just a few few days later, he approves Nvidia to start selling chips to China. That to me is like, okay, that's a very big deal.
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