this post was submitted on 20 May 2024

29 points (85.4% liked)

United States | News & Politics

7176 readers

1564 users here now

founded 4 years ago

MODERATORS

[email protected]

[email protected]

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 (fortune.com)

submitted 5 months ago by [email protected] to c/[email protected]

12 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 5 months ago

Inflation is just rising costs. It includes price gauging and having to pay tariffs.