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> "Over time, this effect increases inequality, another effect already observed." I think you'd need some evidence that the lowest income groups experience hig
by roc 14y ago
> "Over time, this effect increases inequality, another effect already observed."
I think you'd need some evidence that the lowest income groups experience higher inflation to make this connection. As distinct from merely reporting a perception of higher inflation.
Further, you'd also want to isolate from other notable observed data, such as stagnant-to-falling wages among the lowest income groups over the last couple generations.
One would expect people with stagnant wages and inflating prices to "feel" the negative effects more than those with inflating wages to offset or match those inflating prices. But that doesn't necessarily mean that the inflation component is the culprit for any perpetuated or exacerbated inequality.