4 ms·
Well, there are a lot of ways of investing your money in ways that track or exceed inflation, so it's not like people without savings are doing well with inflat
by pontus 5y ago
Well, there are a lot of ways of investing your money in ways that track or exceed inflation, so it's not like people without savings are doing well with inflation whereas all those people with savings are getting screwed.
Further though, I would imagine that people who have a little savings but not that much, would end up keeping that in a savings account rather than investing it. As such, the little savings poor people do have would be eaten away by inflation.
Also, like you suggest, wages are not rising with inflation so that just makes things even worse.