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The hardest working people are living paycheck to paycheck. Inflation, as long as it doesn‘t go hyper, is not a major concern. The only thing normal inflation
by kall 5y ago
The hardest working people are living paycheck to paycheck. Inflation, as long as it doesn‘t go hyper, is not a major concern.
The only thing normal inflation seriously devalues is resting on your hard work for way to long.
- azth 5y agoThe problem is that today's economy is also based on debt (a very bad idea), many if not most people cannot simply save to buy assets like the old days because, due to inflation and interest, prices keep going up. Some of us refuse to engage in interest based finance as it is against our religion (and for good reason).