Whether it’s the cost of rent, gas or your groceries,"it's getting a little pricey for my budget," said Tessa Moore. "I don't buy what I used to buy. I watch what I make to see if it'll last a couple meals," said Annie Sexton.
A new survey by CBS News and YouGov shows Americans view inflation as the top problem facing the country today, as talk of a looming recession continues to dominate headlines. An expert with PNC Financial Group told Newsy, that there are positive economic indicators to consider as well. “If we start to see job growth slow significantly, businesses are more cautious in their hiring, if we start to see consumers are starting to pull back on their spending, that’s a concern, but we don’t see any of that in the economy right now,” said Faucher.
If economists are only 'concerned' over a 'possible' recession, they are pretty poor economists. When a country prints 80% of it's available currency in a 2 year period, a recession is inevitable.
Now the banks will want their golden parachute again.
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