Harry Dresden
Adamantium Member
how do you know what people are spending?.....They are spending far in excess to what they need.
We had a zero interest economy for 15 years with oodles and boodles of money sloshing around.
Then Covid, shutdowns, worldwide inflation, the Ukraine war screwed up supply lines, and now we are down to 4 to 5% inflation, a level the US worked with in the fifties and sixties.
People are working and spending their dough.