@return2ozma to News • 6 months agoConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comexternal-linkmessage-square198arrow-up1553arrow-down131cross-posted to: economicsaboringdystopia
arrow-up1522arrow-down1external-linkConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.com@return2ozma to News • 6 months agomessage-square198cross-posted to: economicsaboringdystopia
minus-square@BigPotatolink20•6 months agoWe’ve had inflation before and, on a historic timescale, we’ve had revolutions to correct that inflation. France existed for almost a thousand years before they had the big one.
We’ve had inflation before and, on a historic timescale, we’ve had revolutions to correct that inflation. France existed for almost a thousand years before they had the big one.