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
fortune.com 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
"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."
![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](https://lemmy.ml/pictrs/image/55396907-65e0-4570-97fd-8db62d3f9eed.jpeg?format=webp&thumbnail=256)
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I have no dreams of buying a house (or even apartment) anymore, just rent4life baby
4 0 ReplyUnless you move to a lower cost of living area.
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