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Not the previous commenter, but from what I understand is this. Previously: Poor purchasing power = 5 Rich purchasing power = 100 Now: Poor purchasing power
by wara23arish 5y ago
Not the previous commenter, but from what I understand is this.
Previously:
Poor purchasing power = 5
Rich purchasing power = 100
Now:
Poor purchasing power = 15
Rich purchasing power = 500
This means even though the wealth inequality increased, the poor still are better off than before. Its not suggesting that BECAUSE of wealth inequality the poor are better off.