@return2ozma to A Boring Dystopia • 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-square24arrow-up1160arrow-down19cross-posted to: economicsnews
arrow-up1151arrow-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 A Boring Dystopia • 6 months agomessage-square24cross-posted to: economicsnews
minus-squareapplepielinkfedilink17•6 months agoOr there is a more reasonable explanation that low income people by default have to spend all of their money survive and maybe then some more.
minus-squareHubertMannelinkfedilink5•6 months agoespecially when things like food are the things going up. Just noticed this weekend that four things of tortillas was the same price as pair of frying pans.
Or there is a more reasonable explanation that low income people by default have to spend all of their money survive and maybe then some more.
especially when things like food are the things going up. Just noticed this weekend that four things of tortillas was the same price as pair of frying pans.