Those with money and property are reaping the benefits of the high-interest rate environment. Yields on savings accounts have surpassed 4.5%, and low housing inventory has driven home values to unprecedented heights. The stock market has also seen remarkable gains, with the NYSE hitting 40,000 for the first time. The S&P 500 rose 23% last year and is up over 11% this year.

When I see the Consumer Confidence Index (CCI) rise above 100, I can’t help but wonder how it’s possible.

There is a segment of the population that is very content to keep things exactly as they are.

The Federal Reserve faces a dilemma. Plans for home purchases are at their lowest level since August 2012, and lower-income consumers are being hit the hardest.

High Federal Reserve rates might be causing inflation rather than curing it. The economy is being driven by the wealthy, particularly those earning $100,000 or more. This group comprises 37.43% of households, totaling 49,281,397 households.