this post was submitted on 17 Sep 2025
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The most affluent consumers account for a bigger share of total US spending, reinforcing the lopsided dynamic of unbothered consumption for the wealthy and more cautious shopping for everyone else.

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[–] michaelmrose@lemmy.world 2 points 1 day ago (2 children)

Let's imagine it getting as lopsided as humanly possible. Imagine if 95% of the income is concentrated in 10% of the population. There could be just as much commerce om theory even if the other 90% have no medical care and are literally eating ramen and dying in the streets in the short term just with higher prices. Just virtually entirely in support of the few.

[–] ATPA9@feddit.org 3 points 20 hours ago

But wouldn' that make everything more expensive as the economy of scale would fail? So they end up with hyper inflation?

[–] No_Eponym@lemmy.ca 5 points 1 day ago

95% of the income is concentrated in 10% of the population

New feudal overloads: "Seems about right!"