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by dnautics 2143 days ago
They probably won't notice, since that's what happens now. Not even smart people with econ phds notice.

But whether or not anyone notices, the math is simple: it will be very bad for lower income levels. If you have 1% depreciation over a year, and you are spending 90% of your money on day to day expenses, the relative loss in margin of survival is far worse than if you are spending 20% on day to day expenses.