RiskReversal Pod cover image

I Can Hear The Bells with Dennis DeBusschere of 22V Research

RiskReversal Pod

00:00

The Lag Effect and the Positive Net Worth Shock

There was a lot of money sloshing around which probably prolonged the lag effect. The wealth effect is so enormous, I don't think people do a good enough job of internalizing it. You have a positive net worth shock at the household level that has led to savings rates coming down. That's why you're able to withstand the 5%. It just takes longer for it to have an impact.

Play episode from 37:33
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
 Get the app