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by Scoundreller
1150 days ago
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> the average person doesn't care too much about inflation is that he has more debt than assets What the average person forgets is that some people (and businesses) have wayyyyyy more debt, so when it gets diluted, they're a net loser on average. Kinda like getting a $1000 stimmy cheque while large capital owners gets their equity saved by government bailout money. Everybody wins something, but winning last place isn't a win when no real wealth was created. |
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