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Are Stocks Cheap? (EP.312)

Animal Spirits Podcast

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How Much Should a Kid's Meal Cost?

The S&P is now flat since the Fed began raising rates in March 2022, which is kind of crazy. How much should a kid's meal cook? Chicken figures of french fries for kids should cost anywhere between nine and thirteen dollars. The inflation rate on a trillion 12 month is lower than the Fed funds rate right now.

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