5 ms·
Because inflation. Reminder: inflation hurts the poor the worst, as their wages tend to lag behind price increases.
by nostromo 3y ago
Because inflation.
Reminder: inflation hurts the poor the worst, as their wages tend to lag behind price increases.
- alex_young 3y agoHow does the debt cause inflation? I don’t see the correlation. Here’s a chart: https://www.stlouisfed.org/on-the-economy/2022/aug/inflation-real-value-debt-double-edged-sword https://www.stlouisfed.org/on-the-economy/2022/aug/inflation...