Month: April 2022
The Tax Man Cometh; He Always Does
Monday was tax day. I don’t know about you, but my wallet is lighter. As always, I had to write a big check. But I took solace in the fact that I’m helping create a more civilized society! That’s the mantra, right? Taxes are the price we pay for a civilized society. That sounds like […]
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American consumers are spending more, getting less, and borrowing more to fund this involuntary spending spree. Retail sales in March were 7% higher than they were in the stimulus-fueled March of 2021, but thanks to inflation, they didn’t get as much bang for their buck. Seasonally adjusted, retail sales were up 0.5% month-on-month in March […]
The post Americans Spending More, Getting Less and Borrowing More to Pay for It first appeared on SchiffGold.