☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 6 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:
news@lemmy.world

29

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 ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 6 months ago

cross-posted to:
news@lemmy.world

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

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