Episode Synopsis "Using an emergency fund to reduce coronavirus anxiety"

Value of having an emergency fund of several months cash plus potentially additional years in bonds Why we should focus on emergency fund support (e.g. basic income) as public policy first - then focus on improving jobs later Typical article on how most Americans couldn't come up with $500 in an emergency: https://www.forbes.com/sites/maggiemcgrath/2016/01/06/63-of-americans-dont-have-enough-savings-to-cover-a-500-emergency/#642c86ed4e0d

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