Episode

When the going gets tough, just keep spending

Podcast
Marketplace All-in-One
Published
Jun 17, 2026
Duration seconds
1521
Processing state
not_requested
Canonical source
https://www.marketplace.org/episode/2026/06/17/when-the-going-gets-tough-just-keep-spending
Audio
https://pscrb.fm/rss/p/mgln.ai/e/5/dts.podtrac.com/redirect.mp3/play.publicradio.org/podcast/o/marketplace/pm/2026/06/17/pm_20260617_PM_Podcast_64.mp3?awCollectionId=mkp-AllNOne&awEpisodeId=01KVBRDXZNVNEV4BKKXM6GWCCY
JSON
/v1/public/podcasts/marketplace-all-in-one-432449/episodes/when-the-going-gets-tough-just-keep-spending
Markdown
/podcast/marketplace-all-in-one-432449/when-the-going-gets-tough-just-keep-spending.md

Actions

  • POST https://stenobird.com/v1/public/podcasts/marketplace-all-in-one-432449/episodes/when-the-going-gets-tough-just-keep-spending/transcription-requests
    Idempotently request low-priority transcript generation for this episode.
  • GET https://stenobird.com/podcast/marketplace-all-in-one-432449/when-the-going-gets-tough-just-keep-spending.md
    Read the agent-friendly Markdown representation of this episode resource.

Summary

Retail sales were up 0.9% in May, which is a generally positive economic sign. But it doesn’t square with our reality, in which price inflation outpaces wage growth. That is, until you look at that pesky personal savings rate. In this episode, YOLO consumers in a grim economy. Plus: Fed Chair Warsh holds rates steady, the rate of new households is falling, and what would happen if the U.S. lost its global reserve currency status. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.