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Episode 021: Fear, Freedom, and Financial Decision-Making with Morgan Housel

The Decision Education Podcast

CHAPTER

Building a Consumption Based Economy

We all thought we were going to have ra latively similar outcomes in lives. Now we're seeing only the extreme examples in a fragmented media like insa gram or other social media. And then there's also this, we're building an economy that's based on consumption which might explain part of why we see so much indebtedness. You think you're supposed to be able to consume to a level of those who are affluenty and savings is invisible.

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