Americans have burned through a staggering $1.76 trillion in savings since 2020, according to new consumer data. Stats from the Federal Reserve show Americans reached a peak of $2.3 trillion in savings between 2020 and 2021. Today, that number is down to $533 billion, according to new numbers from the U.S. Department of Commerce and The post $1,760,000,000,000 in Americans’ Savings Burned Since 2020 As Credit Card Debt Hits All-Time High appeared first on The Daily Hodl .
