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Wages Are Beating Inflation (EP.361)

Animal Spirits Podcast

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Economic Insights and Consumer Spending Trends

This chapter delves into various economic topics such as inflation data, consumer spending habits, and income growth across different groups. It discusses changes in consumer behavior post-2019, highlighting the rise in wages compared to inflation and the impact on spending patterns, particularly in travel and dining. The chapter also analyzes the resilience of the US economy post-pandemic, examining factors like government deficits, small business growth, and economic indicators.

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