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TopicIf Inflation is so bad then why is consumer spending increasing
Xethuminra
06/07/22 3:12:06 PM
#17:


PatrickMahomes posted...
Maybe I'm an idiot, but if a bottle of water used to cost $1, the consumer would spend $1.

With inflation, the bottle costs $2, so the consumer spends $2.

So, the consumer spending is increasing.

Seems like a logical conclusion, no?
No.

The bottle is $1 and the consumer buys one.

The bottle is $2 and the consumer buys two while complaining.
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