2 ms·
Clearly isn’t, but while inflation means more wealth to productive people, it slack increases the wealth of asset holders. Your cash goes down in value, your d
by midasuni 6y ago
Clearly isn’t, but while inflation means more wealth to productive people, it slack increases the wealth of asset holders.
Your cash goes down in value, your debt reduces, but your house increases in value, the rent you can charge goes up.
Inflation helps those in debt with fixed interest payments which is great. It doesn’t effect those owning assets though.