10 ms·
True, but the chosen measure is going to be the lowest inflation imaginable since it relates strongly the global price of goods instead of services cost. Poor
by foolmeonce 6y ago
True, but the chosen measure is going to be the lowest inflation imaginable since it relates strongly the global price of goods instead of services cost.
Poor people actually can't escape service costs and pay for a lot more (seemingly) mandatory service costs that go away when you have enough money to stay away from them. I.e. the costs of not having a fridge at all vs being able to bulk shop at a warehouse are all massively higher.