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News • 1 month ago

Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says

cross-posted to:
economics
aboringdystopia

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Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says

@return2ozma to

News • 1 month ago

cross-posted to:
economics
aboringdystopia

"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."

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@WhatIsThePointAnyway
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85•1 month ago
The powerful rich are always pushing for the closest thing to slavery they can get away with.

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