
Good News is Bad News (EP.260)
Animal Spirits Podcast
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Gas Prices and Economic Inequality
This chapter examines the impact of rising gasoline costs on various income groups, particularly how lower-income households are disproportionately affected. The discussion also touches on overall consumer savings, spending trends, and the psychological complexities of market timing for investments. Finally, it critiques the real estate commission structure while highlighting the disparity between high-income households and the availability of new homes.
Transcript
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