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A new report from the Boston Fed found that consumers are tapping their credit cards and taking out loans to manage inflation, which should more properly be called price gouging. That's the whole point. Jack up prices, then drive people into the debt trap when they see no other way out to make ends meet. https://www.paymentsdive.com/news/consumers-credit-cards-loans-to-manage-inflation-federal-reserve-report/725246/