Submitted by Infamous_Sympathy_91 t3_10p7ljx in wallstreetbets
renok_archnmy t1_j6jycnn wrote
Reply to comment by Trpdoc in Recession concerns overtake inflation concerns by Infamous_Sympathy_91
Availability of currency can drive inflation. The total CC debt doesn’t affect much. The ability to swipe it for more spend when the sand which is now $5 more than it was last month is what props it up.
Trpdoc t1_j6kosa1 wrote
Well people are straight fucked not gonna lie.
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