@[email protected] to Political [email protected] • 3 months agoGalen Weston is Satan.lemmy.worldmessage-square77fedilinkarrow-up11.71K
arrow-up11.71KimageGalen Weston is Satan.lemmy.world@[email protected] to Political [email protected] • 3 months agomessage-square77fedilink
minus-square@[email protected]linkfedilink29•3 months agoWhen prices don’t go up, economists get super scared and tell governments to print money. Inflation is a secret tax on non-land owners.
minus-square@Good_morninglink8•3 months agoExactly, if you’re wages/salary doesn’t increase at the rate of inflation you are making less money than the year before in terms of buying power. If your raise just meets inflation you’re simply treading water.
When prices don’t go up, economists get super scared and tell governments to print money.
Inflation is a secret tax on non-land owners.
Exactly, if you’re wages/salary doesn’t increase at the rate of inflation you are making less money than the year before in terms of buying power. If your raise just meets inflation you’re simply treading water.