Americans are already starting to pull back on their spending, survey shows

Americans have already started to rein in their spending — and expect to pull back some more this year, according to a Federal Reserve Bank of New York survey.

           

https://www.facebook.com/cnn/posts/10163341089366509

Capitalism evolved from Feudalism which had constraints connected both to Socialism and Dictatorship. In early England it was the way of thinking that competition would keep prices from going past what the market will bare and for ever in a lifetime for the most part that was very true. Someone jacked up their prices to high someone would open up and under sell them. Until 1939 when food stamps came out within 1 year meat prices tripled. and until the 1980's when congress started completely ignoring The Sherman Act. This is further complicated by the creation of The Federal Reserve who's sole purpose is to avoid market corrections in lieu of stability.




+