A Boring Dystopia

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54% of Gen Z Shoppers Use Pay Later Plans to Buy Groceries (www.pymnts.com)

submitted 5 months ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] lolcatnip@reddthat.com 1 points 5 months ago

On a side note: I love how on the one hand we get stories like this about American consumers having absurd monthly credit payments and barely any cash on hand, but at the same time we get stories and even Fed numbers saying consumer credit is doing fine actually.

I can only assume the Fed and government agencies make a point of only reporting metrics that show everything is fine. Lying with data is easy if you're in control of how it's summarized.