High Interest Rates, High Inflation, and Record Debt

Commentary Financially, it’s going to beryllium an absorbing summer. At the infinitesimal owe rates are hitting 7 percent, median rent prices are astatine $1,850 per month, and the mean car outgo is astir $950 per month. Household indebtedness is presently astatine $17.1 trillion, mortgages are astatine $12 trillion, and car loans are astatine $1.6 trillion. Soon, pupil indebtedness payments are acceptable to resume. All of this volition make rather the ripple ef...