Gonna be real fun when they max out their credit cards, and can’t even cover the interest. Then get on welfare, and max out their EBT cards, and the government can’t cover even the interest on those payments, and then they have to ‘print more fiat’, which will lead to even more inflation
Thank goodness the 0’Bidencoin Central Bank Digital Currency will save the economy and all of us from poverty (/s)
The plan is to turn middle America into serfs.
I have many bills that automatically charge my credit card which is paid off completely every month. I earn points as well so I can redeem for cash. I don’t shop much at the grocery store in person - I shop online so, yes, this food is charged on my credit card but, again, it is paid off in full monthly. The only card I make payments on is my CareCredit card that is interest free if the purchase is paid off by a certain date. I use it for the vet or dental appointments if over 200.00. I then have 18 months to pay the 200.00+ off interest free. I owe nothing - everything is paid off except monthly bills.
We buy everything on “buy now pay later” by using our credit cards. We get to pay up to a month later depending on where we are in the charge cycle.
But we pay every credit card bill off and never use the 25% to 35% usurious credit.
Is at least half the lunch and cigarette break discussion.
That only makes it worse - like the federal deficit
Outside of utilities and property taxes, my biggest recurring expenditures are for food and staples, and I have to shop at my local WM a mile away nearly every day to catch any food deals (e.g., expiring meats, etc.).
There’s not a thing in that store that hasn’t increased 25-50% minimum in the last two years. Ore Ida instant potato packs used to be 80 cents. Now they’re $1.46. Instant coffee I used to buy at $3.48 is not almost $7. EVERYTHING!
The fact is that this government is lying. Lying, liars when they talk about their inflation numbers, and CPI and whatever else BS it is that doesn’t affect me. There’s a way to stop it. Don’t vote for ANY Democrat, period.
On the road Friday - paid $37 plus tip for two turkey clubs and ginger ales at the diner.
Food & service were good, but the price!
The meat counter at my local Food Lion had a “Financing Available” placard.