Chris Martenson: They’re proposing $750 billion in NEW spending and calling it “THE INFLATION REDUCTION ACT”??

Chris Martenson – Twitter, Released on 7/28/22 Read more about it here: https://www.politico.com/news/2022/07/27/manchin-schumer So, just to be clear, the goobermint is proposing $750 billion in NEW spending and calling it "THE INFLATION REDUCTION ACT"?? — Chris Martenson (@chrismartenson) July 28, 2022 …

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Chinese on US Real Estate Spending Spree

by Martin Armstrong The Chinese are keen on investing in tangible assets, namely real estate. Canada implemented restrictions on foreign buyers after accusing them of the real estate shortage and sky-high prices. Chinese buyers are now targeting the American housing market. In …

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Two-thirds of Americans are cutting back on restaurants and movies, 61% are driving less, four in 10 say they are spending less on restaurants and a third are using more credit cards as record 40-year high inflation hits home

People are increasingly skipping Friday-night treats like movies and restaurants as inflation bites into paychecks More than 4 in 10 are spending less on groceries, even cutting back on such staples as bread, milk and eggs Cash-strapped Americans in Wisconsin, …

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Consumers all over the world are cutting back on spending. Shrinking paychecks and rising costs of living are sparking social unrest and strikes.

ASEAN countries Consumers all over the world are cutting back on spending pic.twitter.com/eBYIopCW9b — Alessio (@AlessioTMAD) July 7, 2022 Shrinking paychecks and rising costs of living are sparking social unrest and strikes I did warn you pic.twitter.com/ZoTEDQWzSW — Alessio (@AlessioTMAD) …

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First they said inflation will not happen, then they said it is transitory, then they said it’s good for you, then they told you to stop spending so much, then they tried to lie and apologize for being wrong. Now? You are at fault of recession because you’re being grumpy.

by laflammaster WTF…I just can’t…this saga has showed me how corrupt the system is. I don’t believe anything MSM says anymore. There’s always a motive that isn’t in the 99% favor.

Janet Yellen denies trying to reduce spending in Biden’s American Rescue Plan

by Boo_Randy Yellen the Felon denies trying to curb Brandon’s out-of-control spending binge. Go figure. Goldman Sachs’ helmet-haired hobbit would never do anything fiscally responsible in her race to debase. https://www.foxbusiness.com/politics/janet-yellen-denies-spending-biden-rescue-plan Biden’s Treasury Secretary Janet Yellen admitted she was ‘wrong’ …

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Wife told to stop spending more than $120 on weekly groceries for family-of-five

by Boo_Randy “And they started to fight when the money got tight…and they just didn’t count on the tears.” Billy Joel, “A Bottle of Red.” Heckova job, central bankers. https://www.news.com.au/finance/money/costs/wife-told-to-stop-spending-more-than-120-on-weekly-groceries-for-familyoffive/news-story/2aa13da73bc6da7214e8bf09609ab605 A husband has come under fire for demanding his wife …

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Too Much Money! U.S. Consumer Spending Drops, Price Index Up Most Since 1982 (REAL Personal Spending Fell 1% In December)

by confoundedinterest17 This is a case of “Too much money” in the economy, courtesy of The Federal Reserve. (Bloomberg) — U.S. inflation-adjusted consumer spending fell last month by the most since February, suggesting that Americans tempered their outlays amid the latest Covid-19 wave and …

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Dem: Spending stops inflation

House Appropriations Committee Chairwoman Rep. Rosa DeLauro (D‑Conn.) claims that the expanded federal child tax credit and passage of President Biden’s stalled, multitrillion-dollar Build Back Better Act would help fight inflation.Inflation has hit its highest level since 1982, according to …

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U.S. Inflation-Adjusted Spending Stagnates To 0% Growth As Prices Surge (Core PCE Deflator Rises To 4.7% YoY, Highest Since 1989 Implying A Taylor Rule Rate Of 11.84%)

by confoundedinterest17 The core Personal Consumption Expenditures (PCE) deflator numbers for November were released this morning and the print was a whopping 4.7% YoY, the highest rate since 1989. Meanwhile, U.S. consumer spending, adjusted for inflation (aka, REAL personal spending), …

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