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return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 year ago

Americans have now spent all $2.1 trillion of their pandemic savings, San Francisco Fed says

fortune.com

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Americans have now spent all $2.1 trillion of their pandemic savings, San Francisco Fed says

fortune.com

return2ozma@lemmy.world to A Boring Dystopia@lemmy.world · 1 year ago
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  • [email protected]
Consumer spending hit a peak of $85 billion per month last fall.
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  • I_Fart_Glitter@lemmy.world
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    1 year ago

    Yeah, we blew it all on silly shit like ratcheted up rent and groceries. So silly…

    • Deello@lemm.ee
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      1 year ago

      Look at Mr Responsible over here buying up necessities with the $1,800 we got 4 years ago.

      • Cosmos7349@lemmy.world
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        1 year ago

        Should probably buy toilet paper now before the next pandemic spike

        • LemmyKnowsBest@lemmy.world
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          1 year ago

          careful. The mere mention of toilet paper shortage makes everyone go out and panic buy.

  • DessertStorms@kbin.social
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    1 year ago

    Meanwhile
    Billionaires’ wealth has risen more since COVID-19 began than it has in the last 14 years. At $5 trillion dollars, this is the biggest surge in billionaire wealth since records began

  • alphanerd4@lemmy.world
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    1 year ago

    That was the fucking point of all this, right ? Like ‘how dare the poors slip through some material change in conditions through gov power’. ‘We’ll show them’ and then they did all of this

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