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Re:IMF: Largest driver of EU inflation is corporate profits by pmontra on Monday June 26, 2023 @02:44PM (#36483950)
I'm not sure about that. It's more likely that each of us has a lot of different stuff to care about, more and more as we transition to adulthood, families, etc, and it's not economical (as in time+energy) to care too much about prices and wages as long as we can get what we care about. When the money run short, it changes.
Re:IMF: Largest driver of EU inflation is corporate profits by gsatic on Monday June 26, 2023 @10:36PM (#36488285)
It doesn't change. Have you checked how much credit card debt exists? How and why did that happen? People are easy to game.
Re:IMF: Largest driver of EU inflation is corporate profits by pmontra on Tuesday June 27, 2023 @01:57AM (#36489363)
If they still have credit they are not short on money by definition. When (where) people have no credit, they spend only what they must or less than that.