To: Oldeconomybuyer
US economy shrank by 1.4% in Q1 but consumers kept spending
What else can consumers do? Have you seen grocery prices lately? Or the price of gasoline?
6 posted on
04/28/2022 6:50:25 AM PDT by
upchuck
(The longer I remain unjabbed with the clot-shot, the more evidence I see supporting my decision.)
To: upchuck
Presumably the shrinkage is in inflated dollars, which means that the economy dropped even more in real dollars.
.Gov loves inflation because it helps hide the bad news that .gov has caused.
9 posted on
04/28/2022 6:57:25 AM PDT by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson