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US Household Wealth Decreases by Over $6 Trillion
Inflation has put all working Americans into a bind as the financial policies of the Biden administration have failed. The actions of the government to curb inflation to help prevent inflation were too little too late. This is according to many financial experts.
The government changed the definition of a recession to suit its needs and to try to make Americans feel better about the policies of the administration.
As a result of all that is happening the treasury department is leaning towards another large rate increase of .75 points or even greater. This will be done to help stem the runaway inflation that is strangling Americans.
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