How Will Inflation Impact Consumers Ability to Consume More?
Lynette Zang: 2-21-2023
Everybody expects the consumer to support the economy. This is a consumer-driven economy and we keep hearing all these reports of how great the consumer is doing.
Well, I don’t know if that’s really true and I don’t think you should either.
Let me show you what’s really happening.
0:00 Consumer-Driven Economy
1:25 Retail Sales & Household Debt
5:23 Consumer Debt
9:48 Credit debt Balances & Inflation
13:27 Revolving Consumer Credit
18:04 Gold & Silver Strategy