Chris Whalen: The Economy's At A Tipping Point
Thoughtful Money with Adam Taggart
Impact of Inflation on Housing and Services Demand
The chapter explores the historical and current impact of inflation on housing and services demand in major cities, delving into past instances of high inflation during historical events like World War One and the 1970s. It discusses the significant increase in costs of living, particularly in areas like healthcare, post-COVID, with examples such as real estate taxes and insurance premiums doubling or even increasing over 400% in some cases. The conversation also touches on the complex interplay between inflation, monetary policies, debt levels, and asset ownership in the current economic landscape.
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