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People on HN probably understand inflation very well but have portfolios that are not impacted by it. If anything, the past 2 years have shown great stock gains
by xunn0026 5y ago
People on HN probably understand inflation very well but have portfolios that are not impacted by it. If anything, the past 2 years have shown great stock gains.
It's hard for a person to understand a solution when its fortune depends on not understanding it. The Fed just mentioned they might raise rates for a blip on the stock market. Imagine what they do if they actually raise them. Oh, noes, the USD might actually hold some value! How will the economy recover if people's savings aren't stolen?!