Does the Upper-Middle Class Understand Inflation?

It seems like nobody agrees on the state of the economy. Despite several politicians and economists boasting that we're finally coming out of the darkness, inflation is lower and interest rates are down, regular people are still feeling the effects of skyrocketing prices. A massive amount of Americans are spending absurd amounts of their paychecks on food and rent - so where is the disconnect? Michael Powell from the Atlantic joins the show.

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