What impact do you think it will have on you?

Are there critical items to purchase now that will be too expensive to afford next year?

Are you changing your savings or investments?

  • Today@lemmy.world
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    8 hours ago

    Business won’t let him do most of that. It was just loud fake superficial concepts of plans . His real task is staying in power. I think our biggest concern now is loss of immigrants.

    ETA- i was initially pretty concerned and wanted to really cut back spending and increase savings. We will likely do some of that, but we’re still planning little holiday trips and doing work on the house.

    • Corkyskog
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      7 hours ago

      Wouldn’t you want to do exactly the opposite in the face of really bad inflation?

      Spend any extra money on imported goods that are consumable, especially chinese. As that money will quickly be worth less.

      • Today@lemmy.world
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        2 hours ago

        I have house projects about to start, so i will be buying stuff for that, but it’s mostly labor. Someone asked what everyone is buying now because it will likely get more expensive. Couldn’t really think of anything.

        • Corkyskog
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          1 hour ago

          Yeah, I don’t have a ton of stuff I need either. Only planning on grabbing some non-perishable food stuff that’s imported that we enjoy, and maybe some mid level Chinese electronics that I never got around to buying that will almost certainly be twice as expensive a year from now.

      • phdepressed
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        6 hours ago

        Yeah, Texas industry has already been mentioning it’s worry for farming, construction, and restaurants.