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Exploring Inflation and Housing Crisis in the US Economy
The chapter delves into the concept of inflation, its impact on consumers, causes, and its recent trends in the US economy, especially amidst supply chain disruptions during the pandemic. It also discusses the challenges faced in the housing market, such as soaring prices, mortgage rates, and the impact on wealth building opportunities for individuals. Additionally, solutions to address the housing crisis, including building more homes and government interventions, are highlighted.