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Inflation Alert! Purchasing power of dollars continues to VANISH! In June, purchasing power of $100 in January 2000 is now $55.40 (-$.20 from April & $1 since January!)

by Dismal-Jellyfish Remember, CPI tracks the loss of the purchasing power of your dollars, & thereby the purchasing power of your hard earned labor. Source: https://fred.stlouisfed.org/series/CUUR0000SA0R#0 Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing …

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Bidenomics?? US Gross Domestic Income Drops -1.8% QoQ For Q1 2023, REAL GDI At -0.8% QoQ (US Added 12.53M Jobs After April 2020 (Trump) While Bidenomics Took 2 1/2 years To Add 12.56M Jobs)

by confoundedinterest17 Bidenomics is a great marketing ploy where you have out of control Federal spending and magically decide to reopen the economy and school after Covid and focus only on jobs added after Biden was selected President and ignore …

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Fed Inferno! US M2 Money-Supply Growth Falls To Depression-Era Levels For Second Month In April (As M2 Money Velocity Remains Near Historic Lows)

by confoundedinterest17 It is truly a Fed Inferno! Money supply growth fell again in April from Jerome Powell And The Fed, plummeting further into negative territory after turning negative in November 2022 for the first time in twenty-eight years.  April’s drop …

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The purchasing power of the dollar continues to VANISH! In May, the purchasing power of $100 in January 2000 is now $55.60 (down $.10 from April). Remember, CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your hard earned labor.

by Dismal-Jellyfish Source: https://fred.stlouisfed.org/series/CUUR0000SA0R Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your hard earned labor: May 2022 purchasing power: 57.8 (down -3.80% in …

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In April, consumer credit (AKA consumer DEBT) increased at a seasonally adjusted annual rate of 5.7%. Revolving credit (credit cards) increased at an annual rate of 13.1% , while nonrevolving credit (student loans, personal loans, mortgages) increased at an annual rate of 3.2%.

by Dismal-Jellyfish Source: https://www.federalreserve.gov/releases/g19/current/g19.pdf Remember, From 1st quarter 2022 to 1st quarter 2023, total household debt has increased $1,205 billion to $17.05 trillion (+7.57%)–Mortgage balances ($864 billion), HELOC ($22 billion), Student loans ($14 billion), Auto loans ($93 billion), Credit Card debt ($145 …

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