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The Round Trip (EP.259)
Animal Spirits Podcast
The Wealth Effect Is a Good Thing
i think what the fed is doing actually kind of makes sense. housing is way, way more important than the stock market. So even if the housing market slows a litle bit, people are so much better off for it now from their housing. If that's what they're hooting for, a wealth effect. And the fed has maybe a little bit of a longer because of it.
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