@[email protected] to A Boring [email protected] • 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: [email protected]
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@[email protected] to A Boring [email protected] • 6 months agomessage-square24cross-posted to: [email protected]
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.