4 ms·

I'm sure you can do better than that as a student of economics...

• Mikeb85 11y ago
  Of course I can. But I don't need to. If someone says the sky is green with no justification or explanation, do I need to write a paragraph about why it's not green?
  • minot 11y ago
    I guess inflation is tax on those who hold cash. Inflation is tax on people who hold cash (or are on a fixed income that will not go up as inflation drives prices up). My thought was that inflation hurts the poor the most. If someone is rich, they probably hold more than just bank notes and government bonds. They hold controlling interests in the markets. As inflation goes up, they will hurt but the rich will not hurt as much as the poor will.