Chapter
Saving and Inflation During the Pandemic.
1:37:44 - 1:43:14 (05:30)
People saved a lot of money during the pandemic because they couldn't spend it and also because the government gave them extra money, leading to concerns about inflation. However, inflation did not occur due to the strong banks and the government's bypassing of banks with programs like PPP.
Clips
The COVID-19 pandemic has substantially changed people's behavior, resulting in a new way of living and working.
1:37:44 - 1:38:40 (00:56)
Summary
The COVID-19 pandemic has substantially changed people's behavior, resulting in a new way of living and working. With the rise of remote work, some companies found they could be just as profitable while people stayed home during the pandemic, leading to a very flexible work environment going forward.
ChapterSaving and Inflation During the Pandemic.
Episode#42 Rob Luna - Wealth Strategist on the Recession and Inflation
PodcastShawn Ryan Show
During the pandemic, the government provided financial aid to individuals and put money into the banks.
1:38:40 - 1:43:14 (04:34)
Summary
During the pandemic, the government provided financial aid to individuals and put money into the banks. The government also took steps to ensure that the previous economic crisis caused by the housing market wouldn't repeat through interventions like PPP.