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News@lemmy.world · 5 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

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News@lemmy.world · 5 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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TubularTittyFrog@lemmy.world
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5 months ago
having family help isn’t the american dream. that’s the aristocratic dream, where land is only owned by the wealthy who inherit it.

It blows my mind that the world basically runs on Monopoly money and accounting smoke and mirrors.

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