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> Prolonged inflation affects everyone, but it especially hurts young people trying to buy homes. The further you are down the economic ladder, the more financ
by chiefalchemist 3y ago
> Prolonged inflation affects everyone, but it especially hurts young people trying to buy homes.
The further you are down the economic ladder, the more financial pain inflation imposes on you. On the other hand, when you're further up the ladder inflation is your friend.
Inflation is the antithesis of Robin Hood.
I'm not sure I grasp and/or agree with *all* Booth says, but this video is intriguing.
https://youtu.be/G2vAm2hfW9U?si=bceymREY6nWF-cXv https://youtu.be/G2vAm2hfW9U?si=bceymREY6nWF-cXv