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"Doom spending" lol. People are trading currency in for goods because they feel the goods will retain value. The dollar isn't worth a dollar but that tv is still a tv. Doom spending is what people do when they don't want to or don't know how to invest in precious metals or bitcoin. I get the feeling half of America subconsciously knows its fucked but just can't admit it and so they "doom spend".
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@Tan I think the biggest shock for me was the pricing of trucks. Out of everything that blew my mind. 110k for a new truck, 80k for a truck that has tens of thousands of miles on it and is multiple years old. Journalists can write a thousand articles saying the economy is amazing but seeing a fucking ford sitting at 110,000 dollars new is insanity.
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@Jim you can realise the reality of the dollar not being worth a dollar when you check the value of anything like classic cars in the last 3 years¬, they've all quite literally 3x they value in that time, fuck it even cars that you wouldn't even bother scrapping 5 years ago with 100k miles and 4 bald tires are 5k minimum with 10k of work needed