10 Best Insights Into Americans Spending Like Crazy Despite High Inflation

Americans have gone on a seemingly endless spending  spree while the Federal Reserve has indicated that interest rates could  go even higher and faster than expected.

What is going on is much different from the usually more cautious mood  of the American public, mainly during economic trouble or after a  turbulent time in history.

No one wants to make big purchases, but they feel safe enough to spend much money on smaller items.

Don’t Spend Big. Spend Little.

When inflation rises, there is a perception that the value of your money is lost.

Inflation Is Stealing Your Money

Simply stated, people don’t care anymore. After three years of the  pandemic, they must do whatever they want and gratify their immediate  desires.

The Pandemic Changed Everything

A commenter created this idea: people aren’t thinking with their heads. They aren’t reasoning or thinking at all.

Emotional Spending

Specifically, a commenter questioned what the statistics were regarding the people who were spending the most money.


During the worst part of the pandemic’s economic crunch, our government  paused student loan payments, and many people might have forgotten about  that.


Swipe up to read the full post!