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Jan 3, 2024

Intuitively, people understand the value of time. We consider it every time we decide to put off something we want now for something better later. Psychologists call it, “delayed gratification.” But when we think about things like banks and landlords and Wall Street, we fail to see the time value of money driving people’s behaviors.

Foolishness of the Week: 14:15
Main episode: 18:13

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Foolishness of the Week
www.wsj.com/articles/yellen-biden-economy-inflation-prices-dc9902f2

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