14min chapter

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#1406 Dave Collum | The Economy Is Worse Than You Think

The Pomp Podcast

CHAPTER

Economic Realities and Innovations

This chapter analyzes the deteriorating state of the US economy, focusing on underreported inflation metrics and flawed methodologies in measuring economic indicators. It critiques the stagnation of innovation within major tech companies while contrasting it with historical advancements that genuinely created wealth. The conversation further explores the implications of wealth generation in the stock market and the ongoing challenges facing the economy, underscoring the need for continuous innovation and addressing economic issues.

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