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A comment on Despite high inflation, Americans are spending like crazy – and it's puzzling.

Re:Despite high inflation, Americans are spending like crazy... by JumpinJack_Cash on Saturday February 25, 2023 @07:31PM (#34941900)
Things are in reverse, inflation is high because there is an excess of demand over supply of stuff.
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Re:Despite high inflation, Americans are spending like crazy... by ProllyInfamous on Saturday February 25, 2023 @09:22PM (#34942448)
Recent "inflation" has slowly become accepted as majority-driven by corporate greed (i.e. raising prices BECAUSE THEY CAN), not because of supply limitations, overall.

I think an additional and FAR SCARIER REASON FOR EXCESS SPENDING is because people are just accepting that they DGAF, and living/buying accordingly (i.e. minimal long-term planning).

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