4 ms·
that cost would be inflation, but inflation is not even close to unreasonable levels. In fact, 2% ish inflation is healthy, so the "cost" is really more of a be
by zzzzzzzza 8y ago
that cost would be inflation, but inflation is not even close to unreasonable levels. In fact, 2% ish inflation is healthy, so the "cost" is really more of a benefit at this point.
- jrs235 8y agoI often wonder how many people have thought about inflation as a tax on the poor. It hurts those with less discretionary funds the most. I also think it's ridiculous what the government does and does not include in it's inflation calculation(s).
- khuey 8y agoInflation is a tax on savers, not the poor.
- jrs235 8y agoYes, I forgot savers/creditors. However, it does affect those whose expenses rise and a) are on fixed income or b) don't get raises as quickly and frequently as the prices of everyday needs increase.
- damptowel 8y agoInflation is not a tax... Inflation also reduces the value of old debt in relation to current income.