Biden/Harris will have to go down in history as the biggest mistakes ever elected.

by
Sharing is Caring!

Bidenomics is working

US inflation means families are spending $709 more per MONTH than two years ago
US inflation has had a snowballing effect on family budgets.

See also  "China is the most imbalanced economy in the history of the world. They are in a severe recession/depression. They may have -4% disinflation." -Scott Bessent

The typical American household spent $709 more in July than they did two years ago to buy the same goods and services, according to Moody’s Analytics.

That figure underscores the cumulative impact high inflation has had on consumer finances — even as price growth has cooled considerably in recent months.


https://twitter.com/ClownWorld_/status/1691026228793503744

See also  Euro yields joining the party. One of the biggest red flags in macro markets—yields up, currency down—is happening again in the UK, signaling fiscal un-anchoring.

h/t PedroM0ralles


124 views