Amazon's Jeff Bezos Under Criticism For Advising Americans To "Stash Some Cash."

In an interview, Jeff Bezos advised Americans to stash away some money to avoid any potential difficulty in 2023. After advising Americans struggling with inflation to think twice before making significant purchases out of concern that the nation would see an economic slump in the coming months, billionaire Amazon founder Jeff Bezos received criticism.

In an interview, Jeff Bezos suggested that Americans put some money down to avoid any potential trouble in 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,"  suggested Jeff Bezos.

Jeff Bezos had also advised last month that Americans get ready to "batten down the hatches" in case of a downturn.

The car industry, one of the major forces influencing the economy of our country, "auto industry, one of our nation’s key economic drivers, has struggled with supply chain hell for 3 years.’"

On November 15, Jeff Bezos advised a news agency viewers to put off buying a car. Amazon specialises in vehicle ads, and has worked with brands like Ford, Toyota, VW, Nissan, "It wrote.

Jeff Bezos advised Americans to put off purchasing some of the few things you can't buy on Amazon, according to tech journalist Mike Elgan.

"Bezos urged people to put off expenditures for big-ticket items such as new cars, televisions, and appliances. TRANSLATION: ‘Bezos urged people to put off expenditures for items people don’t buy on Amazon to save money for Amazon purchases,’" said Mike Elgan.

The advice from Jeff Bezos comes at a time when the New York Times reported that Amazon planned to fire 10,000 workers, making it the biggest mass firing in company history.