
Tom Ellsworth (Biz Doc) | PBD Podcast | EP 79
PBD Podcast
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The Inflation Dilemma: Understanding Economic Pressures
This chapter focuses on Treasury Secretary Janet Yellen's warnings about the risks of U.S. defaulting on its debt and the implications of recurring debt ceiling debates. It explores the prevalence of inflation, its impact on everyday life through relatable examples, and draws parallels to Venezuela's economic crises. The discussion highlights the socioeconomic divide exacerbated by inflation and critiques government policies that disproportionately favor the wealthy.
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