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Recession Not Required (EP.317)

Animal Spirits Podcast

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Airline Fares Are Down 8.1% Month Over Month, and 19% Year Over Year

Airline fares are down 8.1% month over month, and 19% year over year. Is it US airlines ramping back up capacity, or consumers getting wary about travel? Pay raises are finally beating inflation after two years of falling behind. But in a normal environment, like going back to 2019, when wages were going faster than-

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