The Roaring Twenties And The Birth Of Consumer Credit - Martha Olney
The Joe Walker Podcast
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The Politics of Consumer Finance in the 1920s
Raghuram Rajan talks about the let the meet credit view of the US housing bubble. The rich have a low marginal propensity to consume than the poor, he says. And how do they get a return on that? He asks whether there was a similar dynamic happening during the 1920s because inequality is increasing.
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