Topic: Buy Now Pay Later

2 chapters across the catalog

An increasing number of Americans are using "Buy Now, Pay Later" (BNPL) services to purchase basic groceries as food inflation continues to soar. Approximately 15 million consumers utilized these installment loans for food in the past year. Despite this evidence of economic duress, Federal Reserve Chairman Jay Powell continues to provide an illusion of stability through complex quantitative analysis.

The breakdown of the traditional family structure is linked to the economic necessity of dual-income households and the rise of institutional daycare. Gerald Celente reminisces about "blue laws" that kept businesses closed on Sundays, allowing for family time. He also notes a 25% jump in "buy now, pay later" spending, indicating that American consumers are increasingly unable to afford basic goods due to inflation.