5 ms·
Inflation hurts people who hold mostly cash more i.e the poorest in society
by robjan 5y ago
Inflation hurts people who hold mostly cash more i.e the poorest in society
- medvezhenok 5y agoThe poorest mainly have a negative net worth so I'm not sure the inflation would hurt them as long an min wage and/or UBI kept up... Realistically we need a private debt jubilee - inflation is just one way to get there.