What is the Degenerate Economy?

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Howard is joined by Katie Perry to dive headfirst into the "Degenerate Economy", a term he coined to describe the collision of speculation, vice, free time, and mobile tech.

The Degenerate Economy is an index Howard has been updating the last few years and continues to outperform.

From the sin stocks of the 1980s to $HOOD ( ▲ 0.8% ) , crypto, and Zyn pouches, this conversation unpacks how financial speculation has morphed into mainstream entertainment. They explore why the post-COVID world unleashed a wave of retail trading, how platforms like Twitter and Discord are the new Wild West saloons, and what it means when money becomes religion. Plus, Howard shares his own investment thesis behind the Degenerate Economy Index, including why $CME ( ▲ 0.08% ) , $PM ( ▼ 0.41% ) and even $BTC.X ( ▲ 1.36% ) make the cut. A must-watch for anyone wondering how speculation, technology, and culture are reshaping capitalism.

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