[deleted] t1_ius4nxt wrote on November 2, 2022 at 4:55 PM

[deleted]

TheFinestPotatoes t1_ius5605 wrote on November 2, 2022 at 4:59 PM

More like, food prices started rising by double digit %/year and the poor found themselves unable to afford their old standard of living without going into debt.

685327592 t1_ius7gn4 wrote on November 2, 2022 at 5:13 PM

Prices rise BECAUSE you have too much money in the system and not enough workers.

jplebourveau t1_ius5fwh wrote on November 2, 2022 at 5:00 PM

Forrr suuure. Just lay one narrative over the other. Both are true.

Djerrid t1_ius63r7 wrote on November 2, 2022 at 5:05 PM

Nope, that doesn’t line up with what actually happened.

https://www.cnbc.com/2021/03/08/americans-paid-off-a-record-83-billion-in-credit-card-debt-in-2020.html

jplebourveau t1_iusg2od wrote on November 2, 2022 at 6:08 PM

OMG, 200 million adults paid off $80bil. That’s like a whole $400/ea.

Doesn’t change what actually happened.