jwhop Knowflake Posts: 18087 From: Madeira Beach, FL USA Registered: Apr 2009
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posted August 31, 2022 11:32 PM
Richmond Fed President: Inflation Isn’t Being ‘Masked’ Like It Was a Year Ago, People Are ‘Running out of Money’ Ian Hanchett 31 Aug 2022On Wednesday’s broadcast of West Virginia MetroNews’ “Talkline with Hoppy Kercheval,” Federal Reserve Bank of Richmond President and CEO Tom Barkin said that when there was inflation a year ago, “people had money in their pockets.” But now, middle and lower-income people are “running out of money. They’re stressed. And they are absolutely trading down.” And inflation isn’t being “masked” anymore.... http://www.breitbart.com/c lips/2022/08/31/richmond-fed-president-inflation-isnt-being-masked-like-it-was-a-year-ago-people-are-running-out-of-money/ IP: Logged |