Financial Friday is here! Let's wind up the bots and turn them loose!
Friday, October 2, 2026 · 20 min
A fast-moving Financial Friday from Kevin, recorded late and on the way out the door. He explains the new live platform he built, the AI call-in bots behind Podcast Caller, and then takes a question from bot caller Chloe about the Fed raising rates again, which turns into a long run through property taxes on homes that quietly became worth millions, how reverse mortgages actually work, and why he thinks going back to a commodity-backed dollar would hurt for a decade and help after that.
In this show
- 0:30Running late on Financial Friday
- 1:00The live platform he built himself
- 2:30Almond Joy chai and the perfect peach tea
- 3:30Sails off the boat, then DC and Jacksonville
- 5:15Podcast Caller and giving each bot its own LLM
- 7:15Disclaimer, and why it's called Financial Friday
- 9:15Chloe asks about the Fed and buying a house
- 10:15A commodity-backed dollar is a ten-year plan
- 12:00Taxed on a $10 million house you bought for nothing
- 15:00What a reverse mortgage really is
- 17:30Deflation energy, bond markets, and Nixon
Show notes
Running behind, talking fast, and heading to the boat to pull the sails before work. Kevin covers the new live broadcasting platform he built, the bots he winds up every Financial Friday, and then gets into interest rates, property tax traps, reverse mortgages, and whether a gold or silver standard is a fix or a slow-motion disaster.
- Why he built his own live platform instead of using Podbean Live: it does one thing, you can always tell you're broadcasting, and there's a free plan
- Podcast Caller, the virtual call-in app with AI bots, and the plan to run each bot on a different LLM so they'll argue with each other. Own LLM possibly running before the end of October
- Travel schedule: Northwest Arkansas for Chick-fil-A, DC this weekend, Monday's show from Jacksonville
- Chloe asks about the Fed raising rates under new chair Kevin Warsh, and whether her generation is ever buying a house
- The new treasury pick who wants an intrinsic-value currency: ten-year plan, big shock waves, but stable growth and far fewer bubbles on the other side
- The Chicago property tax problem: a house bought for next to nothing decades ago, now taxed on a $10,000,000 valuation, with capital gains waiting at the sale
- Reverse mortgages as a land contract in disguise, where they lock the price, make payments instead of cash, own the home, and you still cover taxes and maintenance
- Why the "we'd all carry coins around" objection misses the point when the dollar is already backed by oil
- Nixon taking us off the standard as the original mistake