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Inflation as a variable for income inequality is dwarfed by tons of other factors. No serious economist is going to say that it's a terrible thing. A lot of cou
by Daishiman 9y ago
Inflation as a variable for income inequality is dwarfed by tons of other factors. No serious economist is going to say that it's a terrible thing. A lot of countries have had to deal with inflation rates above 5% and they could still grow and lower inequality.
- dnautics 9y agoI don't understand how you can make that assertion. The effects of inflation are compounding and disproportionately bad for the poor. Have you ever been poor? The price of everyday goods was definitely a cause of worry for me on a daily basis. And you shouldn't take anything from "seroius economists" on the issue, most of them are from the 1% and totally clueless.