☆ Yσɠƚԋσʂ ☆M to

United States | News & Politics@lemmy.mlEnglish • 1 year 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 • 1 year ago

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

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AcidLeaves [they/them, he/him]
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1 year ago
I have no dreams of buying a house (or even apartment) anymore, just rent4life baby
- @mke_geek@lemm.ee
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  1•1 year ago
  Unless you move to a lower cost of living area.