3 ms·
Inflation means higher salaries, which is highly correlated with middle class net worth.
by msellout 13y ago
Inflation means higher salaries, which is highly correlated with middle class net worth.
- bcheung 13y agoIt's definitely correlated but not 1 to 1. Wealthy people will use leverage though. Effectively their r-value is > 1.0. With middle class it might be around 0.6. The middle class still loses some as their salaries do go up but not as fast. Also, you usually need to quit and go to another job. The wealthy have more control and options.