• Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us
News Zents
No Result
View All Result
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
No Result
View All Result
  • Home
  • Business
  • Economy
  • Fintech
  • Finance
  • Insurance
  • Market
  • Startups
News Zents
No Result
View All Result
Home Market

US Consumer Credit Soars (+8.1%) To Pay For Bidenflation (+8.2%) As Personal Savings Craters -59.3% YoY – Investment Watch

IWB by IWB
November 2, 2022
0


by confoundedinterest17

How bad is inflation under Biden?

Consumer credit outstanding soared by 8.1% YoY in August as the inflation rate soared to 8.2%. Meanwhile, the personal savings rate YoY cratered to -59.3%.

Of course, Biden is his tone-deaf manner told Americans to buy a cheaper brand of bran cereal.

What a complete and utter mess under Inflation Joe and Foul Powell (on the prowl).

Oh and Treasury liquidity sucks too,

Tags: BidenflationConsumercratersCreditInvestmentpaypersonalsavingssoarsWatchYoY
Advertisement Banner
IWB

IWB

Next Post

Global central banks bought a record amount of gold in Q3. They keep saying gold is not important while they themselves are buying gold as if there is no tomorrow

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Free College Courses for Senior Citizens in All 50 States

February 7, 2023

The Anatomy of a Pitch: Stories, Slides, and Data | by Gleb Maltsev

March 11, 2023

Carving out conviction around the future of AI with Sarah Guo • TechCrunch

October 14, 2022

Crowds angered by lockdowns call for China’s Xi Jinping to step down

November 27, 2022

Investors are either ghosting, quiet quitting or rewriting their entire playbook • TechCrunch

November 2, 2022

They seriously want to kill the farming industry. No gas, no green energy and cows will be fined for farting – Investment Watch

October 13, 2022

Recent News

Fed sees credit drawdown looming, shifts towards pause on rate hikes By Reuters

March 23, 2023

Founder Mental Health Pledge signed by 50+ VC Firms in a few days since launching, covering 14K+ startup founders to use therapy as a business expense

March 22, 2023

Categories

  • Business
  • Economy
  • Finance
  • Fintech
  • Insurance
  • Market
  • Regulation
  • Startups
  • Uncategorized

This is an online news portal designed to provide the latest market news, world news, fintech, and more like that from around the world. We are committed to sharing only high-quality content from the world's best trusted sources.

  • Terms and Conditions
  • Privacy Policy
  • DMCA
  • Disclaimer
  • Cookie Privacy Policy
  • Contact Us

© 2015 - 2022 Newszents - All contents Copyright Newszents. All rights reserved

No Result
View All Result
  • Home
  • Business
  • Economy
  • Finance
  • Fintech
  • Insurance
  • Market
  • Startups

© 2015 - 2022 Newszents - All contents Copyright Newszents. All rights reserved