Americans Refuse To Stop Spending As Inflation Rises In Worrying Data

Friday's top-tier data release out of the US suggested the Fed has more work to do. Americans spent

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4 thoughts on “Americans Refuse To Stop Spending As Inflation Rises In Worrying Data

  1. The American consumer… Basically, un-killable.

    As I said, the one problem is then to try and garner pity for “folks who don’t have $400 in savings”… Generally speaking, I am in the “economics isn’t a morality tale” camp, though I recognize that morality drives a lot of people thinking about economic policy so optics matter. But, here, even I go “at some point, you’re supposed to grow up and be a mature adult, capable of controlling yourself. Don’t come crying when the money runs out”.

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