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> We have PLENTY of evidence to suggest that inflation is harmful for everyone, ESPECIALLY for low income workers. I'm under the impression that inflation is d
by strbean 6y ago
> We have PLENTY of evidence to suggest that inflation is harmful for everyone, ESPECIALLY for low income workers.
I'm under the impression that inflation is disproportionately hurts those with large amounts of cash saved. In this hypothetical scenario where we have 100% employment and it causes inflation, wages would rise with inflation, so rising prices wouldn't be an issue... right?