Weatherman2020
Diamond Member
“Real disposable incomes have risen only modestly over the past year. The saving rate now stands at a 16-month low as households have mostly exhausted the extra pile of cash they squirreled away during the pandemic. In turn, many Americans are increasingly relying on credit cards and other sources of financing to support their spending.”
www.allsides.com
The rate of inflation is a BS metric. Costs are already high, and still rising, as anyone who goes to a grocery store, gas station, shopping, can attest. Only if the rate of inflation was negative would we feel relief. And most people know Buck Fiden's cabal of evil handlers are liars, so the true rate of inflation is probably much higher. That’s why they take key things most people buy (like ice cream) out of the inflation calculations and replace them with things people rarely buy but have dropped in price, like TV’s.
Key Engines of US Consumer Spending Are Losing Steam All at Once
The main drivers behind the remarkably resilient American consumer are losing steam at the same time, suggesting a recent pullback in household dem...
www.allsides.com
The rate of inflation is a BS metric. Costs are already high, and still rising, as anyone who goes to a grocery store, gas station, shopping, can attest. Only if the rate of inflation was negative would we feel relief. And most people know Buck Fiden's cabal of evil handlers are liars, so the true rate of inflation is probably much higher. That’s why they take key things most people buy (like ice cream) out of the inflation calculations and replace them with things people rarely buy but have dropped in price, like TV’s.
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