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	Podcast:		Marketplace with Kai Ryssdal
	Episode:		Whaddya mean capital got “more expensive”?
	Category:		Business
	Duration:		00:29:32
	Publish Date:		2023-12-04 23:32:12
	Description:		Seventeen percent of Spotify employees were laid off today in the company’s third round of layoffs this year. CEO Daniel Ek says a major reason for staff cuts is that capital has “become more expensive.” But how can money suddenly cost more? In this episode, why companies that grew by borrowing a bunch are scaling back in a high-interest-rate environment. Plus, gold isn’t the stable investment some think it is, 3D-printed houses could aid the affordable housing crisis and going splitsies on dinner is now en vogue.
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