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|User Info||The Consumer Is Strong!; entered at 2023-09-12 08:25:07|
Registered: 2021-09-12 michigan
There's no doubt that many, many people have been trying to keep up with inflation with plastic. I believe the last report I saw is that credit card debt is now up over a trillion dollars and trending up. At an average rate of over 24%. An inevitable reckoning for millions. In Michigan, one of the things I've noticed over the last couple of years is the 5-, 10-, or 20-dollar totals on fuel pumps when filling up the car even though the cost of gas is so high. A small but telling indicator.