The Rest Is Money cover image

60. The economics behind Sunak’s general election gamble with Torsten Bell

The Rest Is Money

CHAPTER

Households' Shift towards Saving Amid Economic Challenges

Households are increasingly opting to save rather than spend extra money during economic challenges, influenced by pessimism about the economy's future and stagnant wage growth. The chapter explores the impact of past economic experiences and rational decision-making on adjusting to current financial uncertainties.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner