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479 sats \ 1 reply \ @TomK OP 29 Dec 2023 \ parent \ on: U.S. Banks Confront Unrelenting Deposit Erosion econ
I think the majority is fu..ed by inflation. What did I read this morning? 62% of households live payckeck to paycheck.
I would have expected that to be higher, honestly. People in the developed world were understandably not prepared for several years of 7%+ price inflation.
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