New York Fed Survey: Americans Expect Record-high Inflation
Americans expect massive inflation looming according to the results of the New York Federal Reserve Survey of Consumer Expectations. The presumed inflation rate tapped the highest point since 2013 and alongside the forecast of lower purchasing power, consumer debt and fears of a housing bubble in the U.S. are on the rise.
Oh ya 3 year ago
Well no shit Spurlock you can't print trillions of backed by nothing dollars and not expect inflation. The government is dumping 120 billion a MONTH into the market to keep interest rates down and stop the stock market from imploding. But we see Wells Fargo and the reverse repo market are signaling a liquidity crisis so you best be ready.