I do not mean food here. I am still consuming more calories than I burn on a daily basis.
What I meant here is my day-to-day living expenses – I found that I am forced to consume less in the new reality of being confined at home.
It is both good and bad.
Good for me because I am forced to scale down spending and conserve my money for those that are truly essentials – instant noodles and toilet paper.
Bad for the economy as a whole because whether we like it or not, our economy is driven by consumption – the reason why we are heading towards a recssion is because COVID had made us lose our appetite for consumption.
And by consuming less, someone somewhere is earning less.
No matter how much fried chicken and junk food the central banks and governments try to tempt us
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