“Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike”

“…Some of America’s largest companies, from Amazon to Disney to Yum Brands, say their customers are increasingly seeking cheaper alternative products and services, searching for bargains or just avoiding items they deem too expensive. Consumers aren’t cutting back enough to cause an economic downturn. Rather, economists say, they appear to be returning to pre-pandemic norms, when most companies felt they couldn’t raise prices very much without losing business…”

https://apnews.com/article/inflation-prices-consumers-economy-spending-federal-reserve-c69408f05baeffac0023ceb76b747999

I disagree with this entire article. You all can read it for yourself if you like but I’m going to completely ignore it and say this. Americans are cutting back because they have to not because they want to. They are not “refusing” to do anything. Credit card debt being at an all time high is proof of this.

Folks if you want to cut / lower inflation produce more energy, create cheaper energy, and the government must stop printing money. Cutting demand by buying less will, barring financial collapse, cause disinflation — maybe even stagflation. Yea the prices seem cheaper because less people can afford them. The biggest things that affect inflation is energy prices, money printing, and on the negative side financial collapse. Reducing consumer spending as a means to lower inflation is just a lie to the public. It’s a scam. It’s a fraud.