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Here is a Fed governor explaining how she can’t feel inflation anymore. Why is that a controversial statement? If you're rich the current rate of inflation sim
by dagw 3y ago
Here is a Fed governor explaining how she can’t feel inflation anymore.
Why is that a controversial statement? If you're rich the current rate of inflation simply isn't a problem for you. Rich people have so much money that even doubling the prices of most consumer goods won't affect their quality of life in the slightest. I thought that would be painfully obvious to everyone. Or is the controversy that she said the obvious thing everybody knew out loud?