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This is why inflation hurts those on fixed or low incomes. Which is why rising energy prices and increased taxation are bad for the same classes of people. Bo
by RickJWagner 5y ago
This is why inflation hurts those on fixed or low incomes.
Which is why rising energy prices and increased taxation are bad for the same classes of people. Both contribute to raised prices, which puts people without equity investments at a disadvantage.
We need sensible economic policies. Without them, the wage / class gaps will continue to widen.