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,