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Debasement through inflation steals from workers, pensioners, and savers. On the other hand, its great for big business and big government. The money illusion
by retrocog 11mo ago
Debasement through inflation steals from workers, pensioners, and savers. On the other hand, its great for big business and big government.
The money illusion fools many people into believing they've gained (ie real estate) when in reality, they've lost purchasing power.
https://en.wikipedia.org/wiki/Money_illusion https://en.wikipedia.org/wiki/Money_illusion