AMERICANS ARE STILL EXPERIENCING AN INFLATIONARY ECONOMY, STILL HURTING

Show Notes FOLLOW AND SUPPORT my podcast and blogs by going to: http://www.buymeacoffee.com/michaellodge Americans still continue to face high costs. Inflation is still here and Americans are having to make some decisions on their finances just to survive. NEWS LINKS: Understanding Bank Liquidity: Liquidity is the risk to a bank's earnings and capital arising from its inability to timely meet obligations when they come due without incurring unacceptable losses. Bank management must ensure that sufficient funds are available at a reasonable cost to meet potential demands from both funds providers and borrowers. Link: https://www.occ.treas.gov/topics/supervision-and-examination/capital-markets/balance-sheet-management/liquidity/index-liquidity.html Federal Reserve has loaned $300 billion dollars this last week to banks who need cash: https://www.pbs.org/newshour/economy/federal-reserve-lent-300-billion-in-emergency-funds-to-banks-in-the-past-week Owning a home is now costing Americans an additional $17,500 a year, not including mortgage expenses: https://money.com/costs-owning-home-above-mortgage/?xid=flipboard&utm_source=flipboard&utm_medium=rss_synd As inflation costs slow down, I don't know where, 5 items are not slowing down: https://money.com/february-2023-inflation-prices-climbing/?xid=flipboard&utm_source=flipboard&utm_medium=rss_synd More then a third of Americans are skipping filling their drug perscriptions because of the cost: https://money.com/prescriptions-skipped-drug-cost/?xid=flipboard&utm_source=flipboard&utm_medium=rss_synd Here's why your tax refund will be lower for tax year 2022: https://money.com/why-is-my-tax-refund-lower/?xid=flipboard&utm_source=flipboard&utm_medium=rss_synd Read more business and financial news at The Business Advisor Magazine: https://flipboard.com/@lodgeco/michael-lodge-the-business-advisor-vt0agg1bz If you would like to have a business advisory or coaching session, schedule an appointment online at: http://www.lodge-co.com If you have a questions, send it to: [email protected] Michael Lodge / Lodge & Co. - The Business Advisor