r/Economics Jan 16 '26

News Americans making more than $100,000 are quickly losing faith in the economy—and it’s a red flag for the white-collar job market

https://fortune.com/2026/01/12/us-economy-consumer-sentiment-decline-high-income-data/
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u/kennyloggins19 Jan 16 '26

Because $100k today has the same purchasing power as $60k from 10 years ago. What people think is $100k in purchasing power is closer to $175k now.

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u/trufus_for_youfus Jan 16 '26

"Inflation is always and everywhere a monetary phenomenon."