Plus, we’ll talk with economics BA, former teen idol and new author Ben McKenzie about why Hollywood fell hard for crypto.
Retail sales were soft but not terrible in June. More importantly they are at least keeping up with inflation, and don’t foreshadow a recession.
Builders find there’s high demand for new developments, but they’re also finding it harder to convince banks to loan them money.
Fewer loans means less consumer spending, and less consumer spending means lower inflation.
“We don’t quite know what we’re doing these days,” said one economist.
The cryptocurrency industry seeks to create a decentralized, peer-to-peer means of exchange, but is it really just a speculative bubble?