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 - eviltoast
"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."
  • njordomir@lemmy.world
    121·
    5 months ago

    Ya know, I’ve been saving better than most my age. 401k, savings account, emergency fund, investments, crypto, etc. and I keep being reminded that no matter how much I save, I’ll still never achieve the American dream without help.