return2ozma@lemmy.worldBanned from community to

News@lemmy.world · 2 years 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:
aboringdystopia@lemmy.world

550

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@lemmy.worldBanned from community to

News@lemmy.world · 2 years ago

cross-posted to:
aboringdystopia@lemmy.world

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

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Burn_The_Right@lemmy.world
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2 years ago
Bro, what?! Who the fuck can save $1000/month with current rents and home prices? 🤣

I thought you were serious for a second! Good one.

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