Joel Naroff Quotes
You're seeing a situation where the consumers are spending every penny they possibly can and borrowing on top of that. 
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Situation | Consumers | Spending | Penny | Possibly |
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When energy costs stop falling, we may not be looking at such wonderful numbers... For now, the Fed can push inflation into the background. But when the economy is back up and running, they may want to revisit the 'inflation is licked' thing.
- Joel Naroff
