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> But they don't have much, so the impact is very low. Their wages, however, do inflate along with the rest of the market. Yeah and the really poor don't have
by Karrot_Kream 1y ago
> But they don't have much, so the impact is very low. Their wages, however, do inflate along with the rest of the market.
Yeah and the really poor don't have much by way of savings so it's not like their wealth is being meaningfully impacted.
> And in particular, trying to characterize inflation as a "tax" on them is voodoo nonsense.
Yeah I agree with you FWIW.