Americans Continue to Pile on More and More Debt

13 September 2022

American consumers continue to cope with rising prices and prop up the sagging economy using their credit cards. Total consumer debt rose another $23.8 billion in July to a record $4.644 trillion, according to the latest data from the Federal Reserve. On an annual basis, consumer debt rose by 6.2%, moderating somewhat from the last […]

The post Americans Continue to Pile on More and More Debt first appeared on SchiffGold.

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