It's plausible deniability through pretend stupidity. There's no way someone that smart about money didn't know that the covid bank bailout was going to cause rampant inflation. pic.twitter.com/ObOqknbTns
— Ilgephelfis 🐸🤡👽🎻🎶 (@ilgephelfis) January 12, 2026
That Powell is forced to defend himself and the Fed from Trumpian intervention in this way is why foreign institutions are selling fiat dollars for gold. It's value depends on trust — who can trust it with this lunacy at the heart of US government?? https://t.co/uXw3wOwpGm
— Alasdair Macleod (@MacleodFinance) January 12, 2026
The average new 30-year mortgage now costs $2,665 per month.
That’s $31,980 per year — after tax.
At a 22% federal tax rate, you need about $41,000 in gross income just to pay the mortgage.
Before food.
Before insurance.
Before kids.
Housing didn’t get expensive.
It got… pic.twitter.com/lhtQP0iUdT— Jon Brooks (@jonbrooks) January 11, 2026
When people stop swiping, the real pain is coming.
Credit card use fell again in November – that's a big tell on the economy. Consumers can say they're pessimistic, but when they put away their cards you know it's serious. And we also know why: jobs.
There is a strong correlation btw jobs & credit.
And that's just the… pic.twitter.com/y6zjVoSbcD
— Jeffrey P. Snider (@JeffSnider_EDU) January 12, 2026