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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBoA Transaction volumes stagnate prices up ... that's inflation
BoA Transaction volumes stagnate prices up ... that's inflation .... as if you need more proof.
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BoA Transaction volumes stagnate prices up ... that's inflation (Original Post)
uponit7771
17 hrs ago
OP
Pissed off yet? Shut the spending down. Deny the banks their processing fees. Shut down the credit card use.
Hotler
17 hrs ago
#2
Yep but as she has said lower income consumers aren't buying discretionary outside of food, it's the top 10% keeping the
uponit7771
17 hrs ago
#3
Wounded Bear
(63,486 posts)1. High import taxes fuel inflation pressures...
I'm not an economist and I know that.
Hotler
(13,605 posts)2. Pissed off yet? Shut the spending down. Deny the banks their processing fees. Shut down the credit card use.
There's power in your consumer dollar, use it.
uponit7771
(93,398 posts)3. Yep but as she has said lower income consumers aren't buying discretionary outside of food, it's the top 10% keeping the
... discretionary spending going and I'm skeptical of that cause it's "JUST" 70 million costumers that have bank accounts.
Hotler
(13,605 posts)4. Another excuse not to even try.
uponit7771
(93,398 posts)6. My point is majority of working people ***ARE*** trying looking at data in video, they're **NOT** spending on anything
... but food and that's were the extra money is going not discretionary items.
The top 10% are spending 50% of discretionary items
durablend
(8,757 posts)5. You do understand
That has a ripple effect. Spending goes down, business don't need (as many) employees and start canning them.
Just something to keep in mind.
Cloudhopper
(156 posts)7. Yea, but that's not what Door Dash says. (sarcasm)