Americans Pile on Another $25 Billion in Consumer Debt

9 November 2022

American consumers continue to dig deeper into debt as they try to cope with rising prices using credit cards. Americans added another $25 billion to their record levels of debt in September, according to the latest data from the Federal Reserve. Overall, consumer debt increased by 6.4% to a total of $4.7 trillion in September. […]

The post Americans Pile on Another $25 Billion in Consumer Debt first appeared on SchiffGold.

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