☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 7 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

3

cross-posted to:
[email protected]

16

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

☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 7 months ago

3

cross-posted to:
[email protected]

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

Chat

thejevans@lemmy.ml
link
fedilink
arrow-up
7·
7 months ago
If I can’t save for retirement, I might as well have a nice bike and a nice gaming PC.
- ☆ Yσɠƚԋσʂ ☆@lemmy.mlOPM
  link
  fedilink
  arrow-up
  7·
  7 months ago
  yolofication of a society