“Historically, when inflation crosses 8%, it takes years, not months, before it falls back below 2%.”… Number of Americans able to afford $400 surprise bill slides in era of ‘Bidenomics’

t.co/fZhvHiuQ6S

— Win Smart, CFA (@WinfieldSmart) August 4, 2023

Number Of Americans Able To Afford $400 Surprise Bill Slides In Era Of 'Bidenomics' t.co/3dV6xksB5F

— zerohedge (@zerohedge) August 4, 2023

#Fed QT accelerates. Fed balance sheet shrank $91bn in July, -$759bn from peak, biggest drop ever to $8.2tn, lowest level since July 2021. Fed has now shed 22.3% of the Treasury securities it bought during pandemic QE. Fed's total assets now equal to 30.6% of US's GDP vs ECB's… pic.twitter.com/E5AlJU6O7D

— Holger Zschaepitz (@Schuldensuehner) August 4, 2023