Fed Makes A Stunning Discovery: “Consumers Across The Country Are Borrowing More To Buy Cars And Go To School”

Roughly four year after our readers were well aware that contrary to infantile suggestions that the US consumer is deleveraging, and was instead being burried under trillions in new auto and student loans…

… the Fed has finally “figured it out.”

This post was published at Zero Hedge on 03/03/2016.