Macroeconomics 3: Booms, Busts & Us
Planet Money Summer School
00:00
Is This Really Happening?
Inequality has been rising in recent years. The key change that has happened in our economy since the 19 eighties is this rising in equality, canof these greater pools of money available for people to borrow and nd lend aThat ends up raising the value of this house that richard is trying to buy. And so while his income is not rising as much, his aspiration of buying that starter home becomes more and more out of reach.
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