>Seems like bloomberg is prepping the masses to live in poverty. That's what high inflation does. The government printed significant amounts of money as per b

>Seems like bloomberg is prepping the masses to live in poverty. That's what high inflation does. The government printed significant amounts of money as per benefits during covid. They did this to prevent a housing crash and subsequent harm to the wealth of society. The thing is... the housing crash is only 1 market. It is actually better to have housing crash relative to how poor we are about to become as a whole. Its remarkable that the decision to blow up inflation directly benefits anyone who owns a house. Regardless of their debt owed on the house. This will effectively be the poor class paying the most to prevent rich house holders from pain.