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The Clark Howard Podcast

11.16.21 “Skimpflation” is Upon Us / Industry Disruption: Root and Lemonade are Changing Auto Insurance.

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.65.2K Ratings

🗓️ 16 November 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

“Skimpflation” is a form of hidden tax via customer no-service, with companies cutting corners in almost all sectors. Surviving businesses are dealing with increased demand and labor shortages - another dislocation to work through in the economy. // While spending billions on non-stop ads, the traditional market-driven insurance industry is being turned on its head. New companies like Lemonade and Root begin with trust and simplicity. It’s working. Ask Clark topics include: GetUpside Review: 6 Things To Know Before You Sign Up / Best 529 College Savings Plans By State \\ Want more money advice? Sign up for Clark’s free daily newsletter! Free Advice: Clark's Consumer Action Center Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Do you want a superpower watching RewatchMirror's Fits?

0:03.2

Lovernourish jumpsuit?

0:04.9

Watch and RewatchMirror's Fits like young offenders.

0:08.3

Watch and RewatchMirror's Fits.

0:10.0

Are you thinking this is great but where can I watch Mirror's Fits?

0:13.2

Watch now on all fours.

0:14.7

The third is the UK's biggest free streaming service.

0:17.0

Now we've told you what to do.

0:18.7

Watch and RewatchMirror's Fits.

0:20.3

Watch and Rewatch.

0:21.2

We'll do.

0:21.8

Watch, watch, watch and Rewatch.

0:23.7

For free.

0:24.5

Oh bugging.

0:25.5

Comparachannel4.com-sash-verified.

0:32.5

It's my pleasure to welcome you to the Clark Howard Show.

0:36.2

Our mission is to serve and empower you so you make better financial decisions in your life.

0:44.3

Inflation's been in the headlines for a while.

0:46.9

It's really upsetting people.

0:49.8

It's making people feel overwhelmingly that the country's on the wrong track.

0:54.8

But if you heard of skimpflation or stagflation, skimpflation has become a hot term of late.

1:04.2

Stagflation is something that I lived through two generations ago.

...

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