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Part of the issue is that inflation is lopsided towards the class of economy it affects. Rich and poor people pay the same prices for coca cola and most other g
by asdff 3y ago
Part of the issue is that inflation is lopsided towards the class of economy it affects. Rich and poor people pay the same prices for coca cola and most other goods and services, after all. If the entire issue of inequality is that too much of the GDP is gobbled up by the capital class relative to the working class, it stands to reason that inflation that targets this class exclusively and redistributes this wealth to the working class would serve as a great reset of things back to where they were, when labor could more easily afford the necessities of modern life. However, due to the fact the capital class has such an outsized influence on politics, and the working class is fractured on identity lines, such an outcome is unlikely to ever occur. The working class needs to unite, however anytime such things are preached the preachers wind up dead before long which is disturbing to say the least.