87% of Americans' personal savings gone since 2020

[Anonymous No.52718168]

This can't be good, right?

[Anonymous No.52718189]

I want to be slave of the jews

[Anonymous No.52718197]

>>52718168
its because before 2020 everyone had so much savings due to cheap goods and an absurd government payout that everyone collectively decided to use to bounce around like gumballs with jobs, which burned through their boosted savings. i would wager the average american worked 6-8 months this year and jerked off for the rest

[Anonymous No.52718207]

>>52718168
Its good, coz my personal savings(crypto) only halved and it ll 10x at least in the next 3 years.

[Anonymous No.52718216]

Yeah, what about the decline in sperm count and testosterone among men? The rapid increase in cancer? You will eat ze bugs and you will own nothing.

[Anonymous No.52718227]

I bought a.house in 2021 so thats accurate for me

[Anonymous No.52718254]

>>52718168
This is the whole point of the rate hikes you fucking morons. For fuck sake does anyone on this board understand Economics anymore?

[Anonymous No.52718293]

>>52718168
Don't care, mine went from 3k to 8k and that's all that matters.

[Anonymous No.52718323]

>>52718254
>financially illiterate newfag outs himself
interest rates need to be 3-5% HIGHER than actual inflation to induce savings and everyone who is actually financially literate knows the Fed doesn’t have the mandate or political authority to get even half way there ..you retard

[Anonymous No.52718355]

>>52718293
you are so poor yet so proud

[Anonymous No.52718362]

>>52718207
Wait its 2020 and I hold eth, so its doublet at least wtf, niggercattle is outspending itself like in 2008, good times ahead negers!

[Anonymous No.52718368]

>>52718323
Isn’t inflation cooling in some places though?

[Anonymous No.52718379]

>>52718368
Only in the jewnited states, everywhere else its 3/4 way to the top or even earlier.

[Anonymous No.52718398]

>>52718379
https://app.truflation.com/

[Anonymous No.52718401]

>>52718368
where? I don’t see it . Unless you mean temporary oil price decline due to Biden dumping strategic oil reserves. And it’s about to get a whole lot worse with the dollar falling sharply raising cost of imports..dollar index chart pic related

[Anonymous No.52718409]

>>52718323
>interest rates need to be 3-5% HIGHER than actual inflation to induce savings
Yes when the market is in a normal state you absolute spastic. Not when people are so excessively overleveraged on mortgage payments. The idea is to flush these people out. Every model you are basing your statement on assumes the market is fair and not a clown world.

[Anonymous No.52718443]

>>52718168
its all part of a (((plan)))

[Anonymous No.52718468]

>>52718401
Doesn’t the dollar falling in value help everyone else though? Sure it hurts america but are there benefits to the rest of the world?

[Anonymous No.52718487]

>>52718409
> people are so excessively overleveraged on mortgage payments
> The idea is to flush these people out
Wow state of utter retardation..
Real interest rates are still NEGATIVE = stimulative
As soon as recession becomes impossible for politicians to ignore ..FED cuts again ..

[Anonymous No.52718509]

>>52718468
Yeah falling dollar is better for foreign countries economies as lessens their inflation on imports

[Anonymous No.52718520]

>>52718323
>Fed doesn’t have the mandate or political authority to get even half way there ..you retard
why?

[Anonymous No.52718538]

>permanently elevated prices
>low wage growth
>low savings
>high household debt
>Fed that wants you to be poor
But I'm sure the recession is cancelled and the golden bull run is back. Just pretend 5% FFR doesn't exist and keep buying.

[Anonymous No.52718540]

>>52718168
Thats kind of shocking

In q2 of 2020 covid and the payments didnt even truly start

You mean to tell me we were that well off?

What is counted in personal savings?

[Anonymous No.52718578]

>>52718538
>>Fed that wants you to be poor
I fucking luw jamaica!

[Anonymous No.52718650]

>>52718355
Yes because it is the product of my blood and sweat (didn't cry though)

[Anonymous No.52718680]

I had a ton of savings in 2020 and then invested it lol and still have my investments....

Im guessing thats where all the money went that theyre tracking, its gone from cash, but its in assets

Since 2020, about 360k cash left my bank account and went into various investments

[Anonymous No.52718815]

>>52718650
Good for you. I mean that.

[Anonymous No.52720255]

Peepee

[Anonymous No.52720437]

>>52718168
>anons thought it would be over this easy after their physical bodies expired

[Anonymous No.52721109]

>>52718168
Most Americans live pay check to paycheck and yet America is still the number 1 country on the planet.

Leave now chang before I blast you and your demoralization post with a dose of Raid

[Anonymous No.52721218]

Fox News and right wingers in general are such dishonest cretins that I don’t understand how any sane human being can watch them. Yeah, pick the data point in the middle of lockdowns and MASSIVE economic stimulus and compare it to today lmfao, must be “Brandon’s” fault

[Anonymous No.52721278]

>>52718168
The way they positioned the data is retarded

[Anonymous No.52721281]

>>52721218
>2015+7
>partisan politics
stfu nigger

[Anonymous No.52721310]

>>52721218
And you are obviously the same fool for being part of "the left" for all the same reasons. It's not politics, or truth in any way. Diversionary media fueled campaign to keep sheep nervously eyeballing the neighboring flock rather than the wolves. You all make fantastic cattle. Good on you.

[Anonymous No.52721348]

>>52721218
It hasn't been this low since the GFC you retarded faggot. Just because you don't like something doesn't make it not true

[Anonymous No.52721821]

>>52721218
you can pretend lockdown stimulus never happened and it's still down 64%