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the assertion, as I understand it, is that if you lived through a period of inflation your generation will be spending more, and not saving as much, for _the re
by helen___keller 5y ago
the assertion, as I understand it, is that if you lived through a period of inflation your generation will be spending more, and not saving as much, for _the rest of life_, meaning even in low inflation periods like the 2010s
- frostwarrior 5y agoIf the period of inflation is long enough, that statement is true. I'm from Argentina. Inflation is deeply rooted in our local economics and most people treat it as a lifelong "companion".
- helen___keller 5y agoInteresting. I’ve lived in the opposite (my entire adult life has been in the low inflation period following the 2008 recession) so I can’t personally relate