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Apologies if you’re joking, but inflation increases housing prices and reduces the effective minimum wage.
by 1123581321 5y ago
Apologies if you’re joking, but inflation increases housing prices and reduces the effective minimum wage.
- jmole 5y agohousing prices (and asset prices in general) are already in a bubble - you can either deflate that bubble (unlikely to happen given the state of things), or you inflate the rest of the economy to match.