RECENT SURVEY REVEALS SHARP INCREASE IN CONSUMER SENTIMENT IN U.S.

But there was a twist, namely, "with the notable exception of lower-income consumers, who anticipate continued challenges from inflation & a potential weakening in labor market prospects.”

"Central bankers are effectively intent on increasing poverty in their societies. Relying on such a pernicious policy tool... is not a sound basis for achieving social stability"

https://billmitchell.org/blog/?p=61030

#USPol #AusPol #Economics