“declined from 2.6 percent and 3.1 percent, respectively, to 1.8 percent and 1.5 percent”
It may be partially due to pricing hamburgers at $17.
The American public is stupid, and distracted, but they will understand when they can’t afford to make ends meet.
In ten, nine, eight, seven........
But but but.....Biden:
“I have created over 15 million jobs since I have been president.”
“We can further reduce the deficit, which I have been able to reduce.”
unexpected?
Oooooohhhh noooooooooo.....
Well, I guess this is good to see. After all, high interest rates are intended to pull money out of the system to slow growth and spending resulting in lower inflation.
I SMELL BAIL- INs. Not a Bail-out. Read the Dodd Frank Act , they have been codified into law, waiting to use…..any coincidence this year the Fed and BIS also codified into law Tier One assets, cash and GOLD, only.
Do note the World’s Central Banks have been buying historic amounts of gold, ( but not the lone U.S. of A)…our DTCC ruling last month gave ALL Bitcoin and electronic money a 100 percent haircut AND 20 percent haicut to US instruments of debt,….and30-60 percent haircut on all equities..
If you don’t know what this means- time you read up on it…..and act accordingly…….gov default is coming, my “ money “ goes on a 2027 time frame.
Time to prosper, ( a few of us) again.