They Can't Hike a War
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Dave Explains the Economy in Plain English — Ep. 011 — Tue Nov 10
Gas is under four bucks for the first time since July — CBS says — at least twenty-nine cents off the $4.29 I've been stuck on for two weeks, oil's at ninety, and some expert already knows it'll be $3.75 by Thanksgiving; how would he know that. Same morning a Fed governor says he's "leaning toward" a December hike, maybe half a point, and they can't hike a war, so they hike you; Nvidia lost about $200 billion in a day with no chairman and no named backup for the guy who co-founded it in '93, PepsiCo's "streamlining" a thousand people, and Florida's homestead break is the same chunk for the three-bedroom and the yacht. Omar in Cleveland asked why the inflation rate doesn't match his receipt, and Lisa in Kokomo asked card or car — still the card.
Dave Scale: Gas 5 (re-rated from 6) · Fed 6 · Nvidia 2 · PepsiCo 4 · Florida 2
Got a question for Dave? Email dave@daveexplainspodcast.com — Kev reads all of them.