3 ms·
Assuming infation is similar to inflation I would strongly disagree. Those with cash, many working class people, have had their purchasing power eroded greatly
by newbamboo 5y ago
Assuming infation is similar to inflation I would strongly disagree. Those with cash, many working class people, have had their purchasing power eroded greatly this past year. To say it’s not a concern yet is absurd, quite frankly.
- qeternity 5y agoThat inflation was spurred by direct payments (increased unemployment and stimmies), which greatly benefited working class people disproportionately. You will be hard pressed to find a working class person whose 2020 purchasing power wasn't greater than in 2019.