☆ Yσɠƚԋσʂ ☆M 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

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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 ☆M to United States | News & Politics@lemmy.mlEnglish • 7 months ago

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

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thejevans
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15•7 months ago
If I can’t save for retirement, I might as well have a nice bike and a nice gaming PC.
- ☆ Yσɠƚԋσʂ ☆OPM
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  10•7 months ago
  yolofication of a society