How the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’

How the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’

It’s the so-called “wealth effect,” whereby rising home and stock values give people confidence to increase their spending. Read More 

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We współpracy z: https://fortune.com/2024/04/29/rich-americans-spending-driving-us-economy-fed-delay-interest-rate-cuts/

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