Consumer

Our Drunken Sailors Got Revised and Updated, but They’re Still Partying

by Wolf Richter • Sep 29, 2023 • 92 Comments

Income from all sources minus government transfer payments outruns inflation again.

My “Wealth Disparity Monitor” of the Fed’s Money Printer Era, September 2023: Now There’s Inflation, QT, and Rate Hikes

by Wolf Richter • Sep 24, 2023 • 216 Comments

It’s just not the same anymore with QT and rate hikes. Household balance sheets by wealth category.

Our Drunken Sailors Are Drinking Directly from the Punch Bowl: Powell, Did You See That?

by Wolf Richter • Aug 31, 2023 • 253 Comments

But they’re earning more than they’re spending, and despite spending like drunken sailors, they’re saving a lot.

How Many Americans Have Interest-Bearing Credit-Card Debt?

by Wolf Richter • Aug 19, 2023 • 165 Comments

Not everyone has credit cards, and only a portion of those that have credit cards have revolving balances that accrue interest: a stroll through the data.

What Consumers Earn in Interest Income vs. What they Pay in Interest Expense

by Wolf Richter • Aug 14, 2023 • 174 Comments

One reason why the drunken sailors are in no mood to slow down. Lots of them make a lot more money on T-bills, CDs, money-market funds. Others pay more.