"This positive spending is not a reflection of some sort of internalized secret sense of confidence that consumers have."
  • AcidLeaves [they/them, he/him]
    ·
    7 months ago

    not really that simple tbh. stock market is having insane performances despite high inflation and the USD relative to other major currencies have also been gaining, not losing despite the high inflation because it's not the currency getting weaker it's stupid trade war shit and price gouging

    • Maoo [none/use name]
      ·
      7 months ago

      Inflation is just rising costs. It includes price gauging and having to pay tariffs.