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Sugar daddies and mommies

Today, Explained

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Wealth Transfer and Financial Inequality

This chapter examines the financial support families provide their children through inheritance and the transfer of wealth from baby boomers to younger generations. It discusses the impact of this transfer on education, home ownership, and broader wealth distribution, highlighting the concentration of wealth among the top 1% and the economic challenges faced by others. Additionally, it raises critical questions about the significance of wealth transfer in today's economy and introduces a new podcast segment focused on listener inquiries.

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