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

6 comments

1. Neat

2. Spending money on food

3. So the high rates aren’t even accomplishing the thing they’re supposed to do – decrease inflation by reducing consumption. Maybe the Fed should cut rates?

4. Show you how dumb people are. You save when rates are high so you can make money off your money .

5. Have you guys heard of this new trend called “Van Life”?   It’s amazing and so fulfilling!  You don’t really want to own a home and have a family, what you really want is to TrAvEl !    You can bathe at planet fitness in between your adventures and it’ll be awesome!

6. lol, they don’t want to sacrifice fun time. Can you blame them?