Hand to mouth should be Biden’s Presidential re-election theme song.
70% Of Americans Are Financially Stressed, 58% Live Paycheck-To-Paycheck because America is living off their credit cards living a life they can’t actually afford as credit card debt keeps hitting record highs approaching $1 TRILLION!
Of course, what is really troubling is that credit card useage is soaring as The Fed hikes interest rates to combat inflation … caused by Janet Yellen and The Fed keeping rates near zero for too long under Obama. Then we have Biden fighting fossil fuels and Congress spending like drunken sailors in port. All together? Consumers turn to credit cards to cope and their personal savings are dwindling.
How to protect yourself against out-of-control Fed money printing? Gold is up over $2,000.
Former Fed Chair Janet Yellen didn’t try too hard to avoid asset bubbles or slow Obama’s economy. But as a result of her horrible monetary policies, The Fed is keeping on pushng rates up. And America is suffering for it.
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