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News@lemmy.world · 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

cross-posted to:
[email protected]

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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

return2ozma@lemmy.world to

News@lemmy.world · 7 months ago

cross-posted to:
[email protected]

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

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Zedstrian@lemmy.dbzer0.com
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7 months ago
If the American Dream were realistic, we wouldn’t be calling it a dream…
- SuperCub@sh.itjust.works
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  7 months ago
  Exactly, it would just be the “American Way”.

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