In what ways are people today being convinced to spend money beyond their means? - eviltoast
  • SkepticalButOpenMinded@lemmy.ca
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    9 months ago

    Agreed. I think both are part of the picture. Consumers are buying the wrong kind of car (or manufacturers are selling the wrong type of car), too big and too inefficient, and there is price gouging, especially during the pandemic shortage. It’s telling that car prices were the fastest to come back down of almost any consumer category last year. Shows how much they could come down.