2min chapter

Animal Spirits Podcast cover image

More Sellers Than Buyers (EP.247)

Animal Spirits Podcast

CHAPTER

Gas Prices Have an Outside Impact, Psychologically

"My negative convexity on gas prices is such a real theory. I saw aseaad more o even, the price went up like forty one cents in the last day," he says. "There's a psychological component to gas prices that just doesn't exist elsewhere." 'As far as consumers are concerned, gas prices are so important people will drive across the town to save three cents on a gallon of gas'

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