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Lacy Hunt: Prepare For Recession, The Fed's Optimism Is Wrong

Thoughtful Money with Adam Taggart

CHAPTER

The Impact of Inflation on Different Socioeconomic Classes

The speakers discuss how rising inflation costs disproportionately affect the middle and lower classes, while the wealthy are protected or even benefit from it. They also highlight the decreasing standard of living for most people and the need to reduce risk, pay off debt, raise cash, and invest in real assets.

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