Special Edition: Bank Failures & High Inflation Explained

Published: March 18, 2023, 7:15 a.m.

Today, we\u2019re focusing on two major money events impacting the economy and possibly your own bank account: The seemingly sudden failure of some U.S. banks, and stubbornly high inflation.

We\u2019ll get into inflation in the second half of this episode with the expert best known as the\xa0Inflation Guy. Michael Ashton is the managing principal of Enduring Investments and the host of the \u201cInflation Guy\u201d podcast. We\u2019ll discuss what triggers inflation, why prices don\u2019t typically come back down after they go up, and so much more.\xa0

But first, the story getting all the headlines over the past week: major bank failures on a scale not seen since the Great Recession. We wanted to take more time to explain how this all happened and what can be learned from it. We\u2019re speaking with\xa0Justin Baer, a senior special writer at the Wall Street Journal who has been covering the collapse.\xa0

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