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In this "Lessons" episode, we explore the challenges of rising prices and stagnant wages, squeezing the middle class. David Morgan, a financial expert, discusses the limitations of printing money as a solution and explores alternative perspectives.
The Middle-Class Squeeze: Rising housing prices and everyday costs are making it difficult for the middle class to survive in major cities, with wages failing to keep pace.
Printing Money: A Flawed Solution: While printing money can be used to stimulate the economy in the short term, it can also lead to inflation, further reducing purchasing power and potentially worsening the situation.
Stagflation and Inequality: The episode explores the concept of stagflation, where stagnant wages meet rising costs of living, potentially leading to increased wealth inequality.
➡️ Show Links
https://successstorypodcast.com
YouTube: https://youtu.be/Gd7vtDeHp-o
Spotify: https://open.spotify.com/episode/5qNsRSa7GrBKYbEeze5J2O?si=WdIvYw0dTUOFmCdJqr7mDQ
➡️ Watch the Podcast On Youtube
https://www.youtube.com/c/scottdclary
