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    Jessica :propride: 🇺🇦 🇵🇸 ✡️ (jewishreader@sfba.social)'s status on Monday, 12-Aug-2024 23:44:41 JSTJessica :propride:  🇺🇦 🇵🇸 ✡️Jessica :propride: 🇺🇦 🇵🇸 ✡️

    I am not an economist, but in my understanding if consumers refusing to pay lowers the prices...the cause was not truly inflation in the first place? Please correct me if I'm totally off base.

    https://apnews.com/article/inflation-prices-consumers-economy-spending-federal-reserve-c69408f05baeffac0023ceb76b747999

    In conversationabout 10 months ago from sfba.socialpermalink

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    1. Domain not in remote thumbnail source whitelist: dims.apnews.com
      Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike
      from https://apnews.com/author/christopher-rugaber
      The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it.
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