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News • 4 months 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

522

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 • 4 months 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."

Chat

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fedilink
13•4 months ago
I’ve got the version where Jesus tells rich people to give away all their belongings or they can’t get into heaven. Hope this helps.
- SatansMaggotyCumFart
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  edit-2
  4 months ago
  Oh that’s the quote about threading a camel through an eye of a needle, right?

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