Americans will likely deplete the rest of the excess savings they accumulated during the pandemic this quarter, according to a new study from the Federal Reserve Bank of San Francisco.
After rapidly accumulating “unprecedented” levels of excess savings during the pandemic, the San Francisco Fed estimates American households held less than $190 billion in aggregate excess savings as of June.
Savings? Why do these politicians and fucking media company spewing that BS like we still have those 1200 dollar checks we got 3 freaking years ago?
Like they think it still the 1950’s.