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Sure that's an if, but the effects of inflation certainly exacerbates that inequality. Thus the rich get richer while the poor get poorer. It's just a question
by CrossVR 2y ago
Sure that's an if, but the effects of inflation certainly exacerbates that inequality. Thus the rich get richer while the poor get poorer. It's just a question of cause and effect.
- JumpCrisscross 2y ago> It's just a question of cause and effect Yes. That’s a pretty critical question. High inflation drives inequality. (Moderate depends on the savings rate.) We have zero evidence inequality drives inflation.