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It's a tax on cash savings. It's what poor people hold. Rich people save in other ways. They also use huge loans. So that inflation can be advantageous for them
by dandanua 5y ago
It's a tax on cash savings. It's what poor people hold. Rich people save in other ways. They also use huge loans. So that inflation can be advantageous for them.
- imtringued 5y agoIf poor people hold cash why are they mad? Aren't they rich if they have all the money? sarcasm...