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Inflation hurts the poorer the most - they don't have assets that are being priced up due to inflation, while the cost of everyday life goes up.
by blawson 6y ago
Inflation hurts the poorer the most - they don't have assets that are being priced up due to inflation, while the cost of everyday life goes up.
- WanderPanda 6y agoBut their debt might devaluate?
- aeternum 6y agoThis also may not actually cause inflation. The QE performed by the fed during the 2008 financial crisis did not create much inflation.