Can a good story change economic reality?

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  NPR.

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  This is The Indicator from Planet Money.

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  I'm Waylon Wong, and today I'm joined by co-host of The Business and Investing Podcast.

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  This time is different.

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  Ricky Mulvey.

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  Hey, Ricky.

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  Hey, Waylon.

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  Good to see you.

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  You too.

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  And you're here because we know that numbers and data move economic decisions.

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  But so do stories.

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  Economic narratives, contagious stories that spread.

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  And they can be singular.

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  Take this one from President Trump.

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  Tariffs give our country protection against those that would do us economic harm.

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  Or they can come in multiples and narrative constellations.

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  AI comes to mind from Sam Altman saying AI will create new kinds of jobs to Nvidia's Jensen Huang saying it's the beginning of a new industrial revolution to Elon Musk.

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  We will have the first time something that is smarter than the smartest human.

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  Today on the show, we're diving into narrative economics,

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  how the stories you tell and hear affect your economic reality.

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