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uponit7771

(93,414 posts)
Wed Nov 12, 2025, 10:10 AM Nov 12

BoA Transaction volumes stagnate prices up ... that's inflation

BoA Transaction volumes stagnate prices up ... that's inflation .... as if you need more proof.

Discussion starts about 1:00 in

7 replies = new reply since forum marked as read
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Hotler

(13,634 posts)
2. Pissed off yet? Shut the spending down. Deny the banks their processing fees. Shut down the credit card use.
Wed Nov 12, 2025, 10:14 AM
Nov 12

There's power in your consumer dollar, use it.

uponit7771

(93,414 posts)
3. Yep but as she has said lower income consumers aren't buying discretionary outside of food, it's the top 10% keeping the
Wed Nov 12, 2025, 10:16 AM
Nov 12

... discretionary spending going and I'm skeptical of that cause it's "JUST" 70 million costumers that have bank accounts.

uponit7771

(93,414 posts)
6. My point is majority of working people ***ARE*** trying looking at data in video, they're **NOT** spending on anything
Wed Nov 12, 2025, 10:24 AM
Nov 12

... but food and that's were the extra money is going not discretionary items.

The top 10% are spending 50% of discretionary items

durablend

(8,798 posts)
5. You do understand
Wed Nov 12, 2025, 10:22 AM
Nov 12

That has a ripple effect. Spending goes down, business don't need (as many) employees and start canning them.

Just something to keep in mind.

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