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Investing 3: Smooth Spending & The 401K

Planet Money Summer School

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Why It's Too Good at Consumption Smoothing

The formal system is too good at consumption smoothing, so good that it lets people believe they can consume more than they can actually afford to. Be a part of our next show with real, live people on august 20, sixth at tanglewood. Join us live, and you too can finally see what our real, live legs look like. Back here again with our summer school professors. Alson trager and miher desa.

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