|
|
|
|
|
by ineptech
1433 days ago
|
|
> Do you concede that inflation robs people of purchasing power? Think this through. Whose purchasing power? If you have a billion dollars and I have nothing, and prices go up 2%, which of us lost purchasing power? Keeping in mind that inflation drives up wages too? It's absolutely true that central bankers and other cartoon villain fatcats are trying to enrich themselves. But the way they do that is by investing their wealth in the economy, and then manipulating inflation to make the economy grow as fast as possible. |
|