The Double Scar Is Reshaping Consumer Spending

Lucas and Luna dig into the 'double scar' hypothesis—how the inflation trauma of 2021-2023 and the current Iran war energy shock are combining to permanently alter consumer behavior. With household gas costs up $450 per year and core inflation still at 3.3%, they explore whether the consumer is fundamentally changed, not just temporarily cautious. Drawing on the latest PCE data and Fed commentary from Goolsbee and Kashkari, they examine why this cycle's recession debate is less about a textbook contraction and more about a slow-motion transformation of demand. A data-rich conversation for anyone wondering why the economy feels off even with stocks near highs. #DoubleScar #ConsumerSpending #Inflation #IranWar #EnergyPrices #CoreInflation #PCE #FedPolicy #Goolsbee #Kashkari #RecessionWatch #EconomicCycles #HouseholdFinances #GasPrices #BehavioralEconomics #FexingoBusiness #BusinessPodcast #Economics Keep every episode free: buymeacoffee.com/fexingo