Hacker News new | ask | show | jobs
by jerguismi 2647 days ago
> It's very simplistic to say that (low, predictable) inflation hurts individuals.

Hurting might be the wrong term. Analogy would be something like having some bonus card which gives you 2% off for every purchase. Some people obsess about having that kind of card, but most people wouldn't care, because it is only 2%. Obviously the 2% difference isn't "hurting" most people, more like very small tax.

Btw there are cashback credit cards which give back something like 0,5% to 1%, I wonder how popular those are...