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It's important to note that this only means that households that own real estate are seeing their net worth increase. Renters are seeing their bills go up. So
by RIMR 2y ago
It's important to note that this only means that households that own real estate are seeing their net worth increase. Renters are seeing their bills go up.
So landlords are doing great, homeowners get extra paper wealth, and most millennials see their cost of living increase.
And on top of that, we're getting price gouged by grocery cartels.
The real battle is convincing people that none of this has anything to do with inflation.