this post was submitted on 15 Jul 2024
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United States | News & Politics

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[–] krolden@lemmy.ml 9 points 1 month ago

“[Inflation is] still cumulatively having a bit impact. The folks on the lower end of the wealth or income spectrum are struggling more than folks that are on the higher end.”

Yeah no shit

[–] oxjox@lemmy.ml 8 points 1 month ago

This was inevitable. Inflation increased while people complained they didn't have money. That means people were using credit cards.

[–] scottmeme@sh.itjust.works 4 points 1 month ago

And the banks will be getting the bailouts while the end user will still be paying their debt.