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 – 514 points –
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
198

You are viewing a single comment

If the American Dream were realistic, we wouldn't be calling it a dream...

I mean, it was real for white people. It makes sense why they're the most pissed and confused lately