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Almost everyone lifestyle ratchets, so the handful that actually downgrade their living rather than increase spending would be tiny. This part of a wider trend
by WarmWash 9mo ago
Almost everyone lifestyle ratchets, so the handful that actually downgrade their living rather than increase spending would be tiny.
This part of a wider trend too, where economic stats don't align with what people are saying. Which is most likley explained by the economic anomaly of the pandemic skewing peoples perceptions.
- twoodfin 9mo agoWe have centuries of historical evidence that people really, really don’t like high inflation, and it takes a while & a lot of turmoil for those shocks to work their way through society.