boedicca
Uppity Water Nymph from the Land of Funk
- Feb 12, 2007
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In some ways, that is already happening with Urban Millenials. In San Francisco, many don't own cars. They live in itsy bitsy "living unit" apartments. They don't own physical books, CDs, or LPs. They get their t-shirts for free at work (as well as many of their meals).
And despite population growth, total inflation-adjusted consumer spending is actually declining.
And despite population growth, total inflation-adjusted consumer spending is actually declining.