2 ms·
Inflation does. The poor don't have financial advisors, stock trading, etc.; many keep money in cash. Sources: https://fivethirtyeight.com/features/inflation
by big_chungus 7y ago
Inflation does. The poor don't have financial advisors, stock trading, etc.; many keep money in cash.
Sources:
https://fivethirtyeight.com/features/inflation-may-hit-the-poor-hardest/ https://fivethirtyeight.com/features/inflation-may-hit-the-p...
https://www.iol.co.za/dailynews/why-inflation-hits-poor-hardest-11684646 https://www.iol.co.za/dailynews/why-inflation-hits-poor-hard...
http://www.poverty.ac.uk/inflation-low-income-households-necessities-reports/inflation-%E2%80%98hits-poorest-families-hardest%E2%80%99 http://www.poverty.ac.uk/inflation-low-income-households-nec...
http://www.washingtonpost.com/wp-dyn/content/article/2008/03/20/AR2008032003517.html http://www.washingtonpost.com/wp-dyn/content/article/2008/03...
https://www.ft.com/content/77a36048-4ddd-11dd-820e-000077b07658 https://www.ft.com/content/77a36048-4ddd-11dd-820e-000077b07...
https://www.fin24.com/Economy/Poor-hardest-hit-by-inflation-20140820 https://www.fin24.com/Economy/Poor-hardest-hit-by-inflation-...
https://www.newstatesman.com/politics/2014/02/how-poor-have-been-hit-hardest-inflation https://www.newstatesman.com/politics/2014/02/how-poor-have-...
https://www.sanders.senate.gov/newsroom/must-read/inflation-hits-the-poor-hardest-washington-post https://www.sanders.senate.gov/newsroom/must-read/inflation-...
https://www.thetimes.co.uk/article/new-index-of-inflation-shows-poor-hardest-hit-6cvxs7dnd https://www.thetimes.co.uk/article/new-index-of-inflation-sh...
https://business.inquirer.net/151537/poorest-households-hardest-hit-by-inflation-say-economists https://business.inquirer.net/151537/poorest-households-hard...