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The podcast discussed that the interest rates had been low for the last ten years or so, so when the pandemic came it really shocked
The podcast discussed that the interest rates had been low for the last ten years or so, so when the pandemic came it really shocked the system. This is right in line with what we discussed in class regarding periods of high inflation following crisis. It also talked about the bank failures that happened in 2023 and how that affected the interest rates and therefore the greater economy
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