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Is the Stock Market Getting Ahead of Itself? (EP.293)

Animal Spirits Podcast

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Why Aren't Banks Going After the Banks?

The average US commercial credit card interest rate has shot up to like 19% and it's shot up immediately. The average savings account, according to FTIC for banks, is 0.33%. Which the fact that you can raise credit cards this high, this fast and keep your savings rate at 30 basis points was pretty gross.

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