“The ultra wealthy have have never been richer & are still spending like crazy. You can thank rising stock markets & YOLO spending culture for that”.

Cause the asset holders again got bailed out by intervention (March), stocks are soaring as a result of injected liquidity and the lower income groups are stuck with all the price increases & pain of higher rates with housing affordability in the toilet all of which hardly impact… t.co/yYvRqYUW8c pic.twitter.com/8kNe5b4tJ5

— Sven Henrich (@NorthmanTrader) July 29, 2023

I rest my case:

"The ultra wealthy have have never been richer & are still spending like crazy.
You can thank rising stock markets & YOLO spending culture for that".t.co/51lafsxXDM

— Sven Henrich (@NorthmanTrader) July 30, 2023

“Why the Federal Reserve has made everything more expensive to make things less expensive” actual title of article by NBC, they to on to call this “A little bit of science and a little bit of art”

Clownworld is authoring its own satire at this point. NBC News engages Orwell mode and puts actual doublespeak in its headline.

h/t lemonparty