this post was submitted on 12 Aug 2024
65 points (97.1% liked)

United States | News & Politics

7179 readers
412 users here now

founded 4 years ago
MODERATORS
yogthos@lemmy.ml
pangyuehung@lemmy.ml
65
Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike (apnews.com)
submitted 2 months ago by return2ozma@lemmy.world to c/usa@lemmy.ml
11 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] mctoasterson@reddthat.com 14 points 2 months ago

Millions of people are deferring home and automotive purchases, maintenance, and even medical care because they can't afford it.

That means they're "refusing to pay higher prices" and the economy is cured, right?