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 · 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

Wes4Humanity@lemm.ee · 6 months ago

They’ve already taken every dime we’ll make, plus every dime our children and grandchildren will make… That’s what the trillions of dollars in debt is.

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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

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