There isn’t any price inflation … if you don’t live in a house, drive an automobile, or eat food.
According to the Federal Reserve Bank of New York (FRBNY), U.S. consumers are projected to spend 2.8 percent more in 2019 than they did a year ago (2.3 percent).
What will shoppers spend more on? Clothing, real estate, and transportation.
Here is another related fact that will impact your pocketbook: if the Democrats embrace Representative Alexandria Ocasio-Cortez (D-NY)’s proposals should they win the 2020 election, then you can expect to pay $338,000, according to new data from Newsmax.
Life is only getting more expensive in America today, thanks to a mix of Federal Reserve policy and government taxing and spending.
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You know the US is bad when Americans say that they feel like they have more freedom in Communist countries like Vietnam.