DrALJONES on Nostr: RECENT SURVEY REVEALS SHARP INCREASE IN CONSUMER SENTIMENT IN U.S. But there was a ...
RECENT SURVEY REVEALS SHARP INCREASE IN CONSUMER SENTIMENT IN U.S.
But there was a twist, namely, "with the notable exception of lower-income consumers, who anticipate continued challenges from inflation & a potential weakening in labor market prospects.”
"Central bankers are effectively intent on increasing poverty in their societies. Relying on such a pernicious policy tool... is not a sound basis for achieving social stability"
https://billmitchell.org/blog/?p=61030#USPol #AusPol #Economics
Published at
2023-07-31 12:38:58Event JSON
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