4 ms·
Mostly save it (stocks and housing) and then pay higher prices for existing assets.
by thoughtstheseus 5y ago
Mostly save it (stocks and housing) and then pay higher prices for existing assets.
- landemva 5y agoWorking class and poor don't really have investments. They have cash for paying bills. These groups are particularly hurt by inflation because they can't afford to have investments. The rich don't care as much because the rich have investments which track inflation.