Billionaire Amazon founder Jeff Bezos faced backlash after he advised
Americans struggling with inflation to consider not making large purchases amid
fears that the country could see an economic downturn in the coming months
During an interview with CNN, Jeff Bezos advised Americans to stash away
some money to avoid potential pain heading into 2023.
“Take some risk off the table. Just a little bit of risk reduction could make the difference.
If you’re thinking about buying a large screen TV
maybe slow that down, keep that cash, see what happens," Jeff Bezos said.
Last month, Jeff Bezos had also suggested that Americans should prepare to
"batten down the hatches" ahead of the possible downturn.
"Jeff Bezos told CNN 11/15 people should hold off buying cars