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Precisely. Inflation is not even - if it were it wouldn't be nearly as much of a concern. There are winners (e.g. corporate profits) and losers (e.g. workers on
by akra 3y ago
Precisely. Inflation is not even - if it were it wouldn't be nearly as much of a concern. There are winners (e.g. corporate profits) and losers (e.g. workers on fixed salaries).
Unfortunately some economic actors can protect themselves, even profit from inflation much easier than others. Inflation usually hits the poor the hardest. Given the same amount of real resources this is because other groups of society can take advantage of inflation to increase their share of the pie.