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Personal consumption and expenditures

By: Center of the Universe
Pretty much back on the pre-Covid trend line: But income is on the decline: So consumers are spending more than their incomes, mainly through borrowing: The post Personal consumption and expenditures appeared first on Mosler Economics / Modern Monetary Theory .
Pretty much back on the pre-Covid trend line:

But income is on the decline:

So consumers are spending more than their incomes, mainly through borrowing:

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The post Personal consumption and expenditures appeared first on Mosler Economics / Modern Monetary Theory.

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