@return2ozma to News • 9 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-square192arrow-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 • 9 months agomessage-square192cross-posted to: economicsaboringdystopia
minus-square@TubularTittyFroglink4•edit-29 months agopretty much. i purchased a new car in 2018. it was 20K. that same car today is close to 30K. in another 5 years it will be closer to 40 probably.
pretty much.
i purchased a new car in 2018. it was 20K. that same car today is close to 30K. in another 5 years it will be closer to 40 probably.
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