return2ozma@lemmy.world to News@lemmy.world · 5 months agoConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comexternal-linkmessage-square199fedilinkarrow-up1553arrow-down131cross-posted to: economics@lemmy.worldaboringdystopia@lemmy.world
arrow-up1522arrow-down1external-linkConsumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist saysfortune.comreturn2ozma@lemmy.world to News@lemmy.world · 5 months agomessage-square199fedilinkcross-posted to: economics@lemmy.worldaboringdystopia@lemmy.world
minus-squareHasturInYellow@lemmy.worldcakelinkfedilinkarrow-up2·5 months agoOk. Fair. Let me correct myself: money was based on material goods and not rich peoples feefees about the economy.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkarrow-up1arrow-down1·5 months agoDefinitely closer to the market. Although one major form of historical debt is taxation, and that’s traditionally been subject to how rich people feel about the economy.
Ok. Fair. Let me correct myself: money was based on material goods and not rich peoples feefees about the economy.
Definitely closer to the market. Although one major form of historical debt is taxation, and that’s traditionally been subject to how rich people feel about the economy.