The Pandemic Broke the Economy (EP.264)
Animal Spirits Podcast
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Navigating the Disorientation Economy
This chapter explores the unique economic challenges posed by simultaneous inflation and recession, termed the 'disorientation economy.' It discusses the Federal Reserve's responses to inflation, the relationship between inventory levels and pricing, and personal anecdotes reflecting changes in consumer behavior. Additionally, it analyzes the effects of gas prices on spending habits and the differing impacts of inflation across income levels.
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