Well personally I'm cutting out as much consumption as possible, how is inflation not resulting in big drops in people spending? You know what causes a downwar

Well personally I'm cutting out as much consumption as possible, how is inflation not resulting in big drops in people spending? You know what causes a downward spiral? People stop buying things, sales drops, layoffs / cuts, people buy less, etc. I see companies freak out over 1-2% drops in sales, how is inflation not causing people to drop consumption by 10%? I don't travel, I'm eating out WAY less, I am price/bargain hunting far more. I never buy gas without gas price map checking. I'm holding back on as much purchases as possible. I don't even think about buying any clothes not on sale. Hell, I basically don't buy clothes unless absolutely needed.