Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Economy

snowybirdie

(5,671 posts)

3. Why is this a story?

Reply to mahatmakanejeeves (Original post)

Tue Jul 5, 2022, 09:13 AM

Jul 2022

Regular folks use whatever funds are available to keep things going. They don't have trust funds or unlimited money around the house to pay for needs. But it gives WSJ a chance to talk about "soaring inflation" doesn't it?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

11 replies

= new reply since forum marked as read

Highlight:

wsj.com: Americans Tap Pandemic Savings to Cope With Inflation [View all] mahatmakanejeeves Jul 2022 OP

We're cutting back on what we purchase. CrispyQ Jul 2022 #1

How convenient Magoo48 Jul 2022 #2

Why is this a story? snowybirdie Jul 2022 #3

Because Rupert Murdoch is paying me to post it. NT mahatmakanejeeves Jul 2022 #4

This message was self-deleted by its author mahatmakanejeeves Jul 2022 #5

Huge Pile of Savings????????? Farmer-Rick Jul 2022 #6

Here's the Personal Savings Rate according to BEA by way of FRED progree Jul 2022 #7

So, it includes people like Bill Gates, Zuckerberg, Walmart and the Koch Bros Farmer-Rick Jul 2022 #8

Yup. And so... progree Jul 2022 #9

But here's the thing Farmer-Rick Jul 2022 #10

Oh I know. I'm sure the top 10% got well over half of it /nt progree Jul 2022 #11