Consumers Have Spearheaded Recovery, but Data Signal a Potential Change

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While household spending remains steady, some indicators suggest cracks in the U.S. economy’s main driver

May 7, 2022 5:30 am ETIn large part, they have weathered the economic storm caused by the pandemic, saved lots of money and contributed to the continuing recovery.

 

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The degree of irresponsibility of the US political leadership is well manifested in the dynamics of the money supply, and not in nominal terms, but taking into account inflation. In two years, the money supply grew by 4.6 trillion, taking into account inflation,

How are we going to get out of this mess?

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