#1205 Cullen Roche | The Disastrous 2023 US Economy Explained
The Pomp Podcast
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The Health of the Consumer in Light of Fed Policy Inflation
The health of the consumer is actually like a pretty important part of this, right? Like they're not blind to the fact that yes, they're trying to address inflation. They claim to not really care that much about asset prices themselves. But I do think they probably pay attention to it. We right now are seeing savings rate completely depleted. We're seeing credit card debt spike to, you know, near all time highs,. interest rates on that credit card debt is spiking pretty high.
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