Rubber Meets The Road Economics: Exploring the forces shaping our economy with P
Welcome to ’Rubber Meets The Road Economics,’ where investor Hunter Craig and Professor Edwin T. Burton from the University of Virginia explore the forces shaping our economy. Each episode breaks down complex economic concepts into clear, relatable insights. From globalization and technology to beha...
Recent Episodes
32
Sept. 11, 2026
32. What Really Caused Lehman Brothers to Collapse in 2008? Professor Edwin Burton on the Repo Market
Investor Hunter Craig and University of Virginia economist Professor Edwin Burton break down this week's global bond sell-off, what the Fed is likely to do with rates next week, and why Professor Burton says the national debt could consume 80% of federal tax revenue within a decade. Long Description Recorded September 10, 2026 — just days before the Federal Reserve's next rate decision — this episode finds host Hunter Craig and University of Virginia economist Professor Edwin Burton diggin
31
Aug. 8, 2026
Inflation Is Coming: Ed Burton & Mark Loehr on the Fed's July 30th Inflection Point
We're re-sharing a conversation recorded the day after the July 30th Fed meeting, between Mark Loehr, CEO of Open Exchange, and Professor Ed Burton — Mark's Econ 101 professor turned friend of 45+ years. Two people who go deep fast. The thesis: for the first time in recent memory, the Fed set its rate below where the market wanted it. To defend that rate, Burton argues, the Fed now has to print its way out — and money supply is the inflation story almost no one is telling. Burton and Loehr thin
30
May 1, 2026
30. Rates Up, Inflation Back, and Who’s Really Running the Fed
Six months ago, the Fed dot plot was pointing toward rate cuts. The consensus on Wall Street, in academia, and in financial media was convergent: relief was coming for borrowers. Professor Edwin Burton saw it differently. In this episode of Rubber Meets the Road Economics, Burton — one of the University of Virginia's most respected financial economists — returns to explain why that consensus has now fully reversed, and what it signals for the months ahead. The Fed held its target this week at 3
29
March 18, 2026
29. Is the U.S. Economy Heading for a Slowdown? Iran War and Rising Oil Prices, AI Capex Bubble, Federal Reserve Trap, and Private Credit Run Risk | Edwin Burton
Investor Hunter Craig sits down with Professor Edwin T. Burton of the University of Virginia on Fed meeting day — March 17, 2026. The Federal Reserve is expected to hold rates steady, and Professor Burton explains why there is no path to lower rates without triggering inflation. From there, the conversation ranges across the Iran war’s muted effect on oil markets, a dangerously weakening U.S. economy, and the deep structural vulnerabilities in both public equities and private credit. The episod
28
Feb. 12, 2026
28. AI Bubbles, the Falling Dollar, and the Fed’s Next Move
With the Dow crossing 50,000 and AI capital spending reaching historic levels, are we in a bubble—or at the dawn of a new economic era? This week, investor Hunter Craig sits down with Professor Edwin Burton of the University of Virginia to unpack the real economics behind the AI hype. Professor Burton explains why the software sector got hammered after new AI coding tools launched, where AI truly excels (and where it’s dangerously overrated), and why the companies leading the AI race today may n
27
Dec. 4, 2025
27. Are Tariffs About to Disappear? The Economic Signals to Watch
Hunter Craig sits down with Professor Edwin T. Burton of the University of Virginia to break down the most pressing economic issues of the moment: the Federal Reserve’s upcoming meeting, the meaning behind falling short-term rates and stubborn long-term rates, the fragility of today’s housing market, and whether the U.S. has already slipped into a debt spiral. Professor Burton also uncovers what’s really happening with global currency dynamics, the potential end of the current tariff regime, an
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