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by snowwrestler
1975 days ago
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Inflation is the amount that prices rise without an increase in real value. And if there is no increase in real value, then you haven’t actually made any money. Conversely, if people are making money on assets in real terms, then that is appreciation, not inflation. Income inequality is a difference in real income. It’s growing because the economy is differentially allocating real value, not because of inflation. |
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