The chapter explores the intricate web of economic dynamics, likening the economy to a kingdom with various interconnected facets. It delves into misconceptions about the economy, challenges in interpreting economic information, and the disconnect between national metrics and personal experiences. Additionally, it discusses inflation, government intervention in preventing a recession, and the impact of rising costs in the food industry.
Almost half of the United States believes the S&P 500 is down for the year. The chart says otherwise. So, what can explain the disconnect?
Kyla Scanlon is an economic commentator and educator. Her new book is “In This Economy? How Money & Markets Really Work.” Mary Long caught up with Scanlon for a conversation about:
- The challenges of measuring economic data.
- What’s driving inflation.
- How Domino’s turned around its business.
Host: Mary Long
Guest: Kyla Scanlon
Producer: Ricky Mulvey
Engineer: Dan Boyd
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