I was listening to an individual yesterday talking about the price of a can of Campbell's tomato soup tell you where the economy is. So being an interested individual I googled it. Sure enough there is a chart produced that shows the price of Campbell's tomato soup from the very beginning. It shows what happened to the price of a can that identified the inflationary times of America. Today, I looked last night, a can of soup is at $1.10, maybe higher in other places. It was an interesting look at the inflation times through the can of Tomato soup in America. The point is, the economy is not good for you and me. For corporations, yes it is good, for the stock market it is good. But for you and me, who have to survive, inflation pays a big part in our lives. Revenue is not staying up with the inflated costs of goods. Rent prices have inflated. Real estate prices have been inflated. The stock market prices are inflated. In that world - the bubble has to pop. I have hearing that banks are telling those in the foreclosure market to get ready for September 2021. That is not good to hear. Banks are stopping credit lines to individuals. Banks noted this week that their credit card interest income is way down. You and I have got to become better financial managers of our money. When the economy drops because of bad monetary policies out of the Whitehouse, it will be a thud. Get ready for a thud.

Campbells Soup: https://politicalcalculations.blogspot.com/2020/01/the-price-history-of-campbells-tomato.html#.YPmBOuhKiUk

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