Another indicator. Personal Consumption versus Income.
there is still to much currency in circulation. the spread is to wide.
more spending in 2022 will push inflation higher.
the big culprits will be the banks and loose lending. to much credit available.
should be an interesting year .......2022......
there is still to much currency in circulation. the spread is to wide.
more spending in 2022 will push inflation higher.
the big culprits will be the banks and loose lending. to much credit available.
should be an interesting year .......2022......