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There Are Too Many Rich People (EP. 421)

Animal Spirits Podcast

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Wealth Dynamics and Generational Shifts

This chapter explores Grayscale's move towards a public ETF and discusses the dynamics of high-end real estate, notably the sale of a luxury apartment owned by Paul Newman. The speakers reflect on the generational transition in homeownership, focusing on the impending challenges baby boomers' heirs might face. They also delve into consumer habits, the evolution of youth sports, and the pervasive nature of social comparison within different income brackets.

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