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Moving inflation to 6% will almost certainly not impact any wealthy American with most of their net worth in equity. It will impact working class Americans who
by blueblisters 6y ago
Moving inflation to 6% will almost certainly not impact any wealthy American with most of their net worth in equity. It will impact working class Americans who have their savings, however little, in bank accounts.
- Gibbon1 6y ago> It will impact working class Americans who have their savings, however little, in bank accounts. I have about $20k in bank accounts. I owe $450k at 2.5% 6% inflation? Don't throw me in the briar patch!