Rising Inflation Behind American’s Record Credit Card Debt: Pete Earle

Chris Beers
By Chris Beers
August 8, 2023NTD News Todayshare

Americans owe more on their credit cards than ever before, according to the Federal Reserve Bank of St. Louis, which reported the nation’s credit card debt just broke $1 trillion for the first time. NTD spoke with Pete Earle, an economist from the American Institute for Economic Research, to delve into the potential ramifications.

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