Quote:
Originally Posted by TboneS54
I don't know how people haven't run out of money, or credit limits, yet. I thought we were going to see the fallout last year. I guess many have a lot of equity now to tap into, variable interest rates be damned.
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Why would people just 'run out of money?'
The price of groceries isn't going to put most people homeless. Having shredded cheese go up $2 (or 50%) isn't a huge deal to most people.
Most of the inflation we've seen is in the travel sector and obviously home / car insurance.