What 60 Million Americans Are Doing Instead of Spending

Consumer sentiment is at decade lows. Credit card balances are near historic highs. And real wages are barely keeping up.

But the real shift isn’t in the numbers—it’s in the behavior:

  • People are canceling upgrades.

  • Holding off on big purchases.

  • Skipping vacations.

  • Sitting on savings (if they have any).

  • Even when they can afford it… they’re not spending.

We’re witnessing what some economists call “economic withdrawal.” 

A kind of national risk aversion.

But this isn’t caution—it’s a vote of no confidence.

This Is How a Currency Dies

Not in a panic.

Not with headlines.

But with 60 million people quietly opting out.

They’re not necessarily buying gold or Bitcoin. They’re not running to foreign currencies (yet).

They’re doing the simplest, most powerful thing a person can do in an unstable economy: nothing.

Velocity collapses. Confidence erodes.

And the dollar becomes a placeholder, not a store of value.

There’s a name for this in behavioral economics: loss of confidence equilibrium.

Once people believe the game is rigged, they stop playing.

In that world, spending becomes risk.

Saving becomes hoarding.

And movement becomes exposure.

This is what we’re seeing now. And the government can’t stimulus its way out of it.

Because you can’t print trust.

What It Means

This quiet resistance?

It might be the only rational response left.

But waiting alone isn’t a strategy.

If this “invisible boycott” continues, the economy doesn’t just slow—it calcifies. And when it breaks, it breaks suddenly.

If you’re in this 60 million: don’t just wait. Position.

Diversify across borders.

And if the system slows to a halt, make sure you’re not holding the bag.

Because when a nation stops spending, someone still ends up paying.

Don’t let it be you.

— Death of the Dollar