Americans have now spent all $2.1 trillion of their pandemic savings, San Francisco Fed says

Consumer spending hit a peak of $85 billion per month last fall.

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Americans have now spent all $2.1 trillion of their pandemic savings, San Francisco Fed says

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Yeah, we blew it all on silly shit like ratcheted up rent and groceries. So silly..
- Look at Mr Responsible over here buying up necessities with the $1,800 we got 4 years ago.
  
  Should probably buy toilet paper now before the next pandemic spike
Meanwhile
Billionaires’ wealth has risen more since COVID-19 began than it has in the last 14 years. At $5 trillion dollars, this is the biggest surge in billionaire wealth since records began
That was the fucking point of all this, right ? Like ‘how dare the poors slip through some material change in conditions through gov power’. ‘We’ll show them’ and then they did all of this

6 comments