{"podcast":{"title":"The Wealth Effect","slug":"the-wealth-effect-7275545","podcast_index_feed_id":7275545,"rss_url":"https://feeds.simplecast.com/6aIi57wF","website_url":"https://bleav.com/shows/the-wealth-effect/","image_url":"https://image.simplecastcdn.com/images/6215cda8-011d-4ccd-9fe8-c389912a62af/3c443f74-e2ca-4665-8a5b-d5417a8c7f57/3000x3000/wealth_effect.jpg?aid=rss_feed","author":"Green Moon","episode_count":82,"summary":"Listen to a millionaire and everyday people share their stories and insights. Every two weeks, I have guests on, and we discuss various financial topics and share stories, concepts, and ideas. Pocket Byte episodes are where I share ideas and concepts that I find interesting. This show is not financial advice.","last_synced_at":"2026-07-17T08:21:20.955607+00:00","page_url":"https://stenobird.com/podcast/the-wealth-effect-7275545"},"episode":{"title":"The $800 Billion Logistical Black Hole: Inside the Returns Economy | Pocket Byte #52","slug":"the-800-billion-logistical-black-hole-inside-the-returns-economy-pocket-byte-52","published_at":"2026-06-04T19:50:00+00:00","page_url":"https://stenobird.com/podcast/the-wealth-effect-7275545/the-800-billion-logistical-black-hole-inside-the-returns-economy-pocket-byte-52","show_page_url":"https://stenobird.com/podcast/the-wealth-effect-7275545","url":"https://bleav.com/shows/the-wealth-effect/?post_type=gp_podcast_episode&p=86","audio_url":"https://pscrb.fm/rss/p/mgln.ai/e/1385/injector.simplecastaudio.com/cb568271-6302-4893-99d0-bf7ae844beac/episodes/f8065533-004a-4f86-9ba6-fa33964c536e/audio/128/default.mp3?aid=rss_feed&awCollectionId=cb568271-6302-4893-99d0-bf7ae844beac&awEpisodeId=f8065533-004a-4f86-9ba6-fa33964c536e&feed=6aIi57wF","summary":"In this episode of The Wealth Effect, we look at the chaotic, hidden world of reverse logistics. For over a century, American retail thrived on a simple promise: \"Satisfaction Guaranteed.\" Invented by 19th-century department store pioneers to eliminate the cutthroat rule of caveat emptor (\"buyer beware\"). It was the psychological safety net that turned us from wary hagglers into confident shoppers.","meta_description":"In this episode of The Wealth Effect, we look at the chaotic, hidden world of reverse logistics. For over a century, American retail thrived on a simple p…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1265,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-wealth-effect-7275545/episodes/the-800-billion-logistical-black-hole-inside-the-returns-economy-pocket-byte-52/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-wealth-effect-7275545/the-800-billion-logistical-black-hole-inside-the-returns-economy-pocket-byte-52.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}