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by SailingSperm 1767 days ago
>as always the real elephant in the room is that inflation is not bad per se, except for those whose wages don't grow as much as the inflation.

...Inflation affects savings too. So it doesn't matter that ones salary may increase at the same rate of inflation when the buying power of your savings in diminished by the rate of inflation. Tired of hearing the myopic view that inflation effectively does nothing if wages rise in step, it's just straight up incorrect.