BonesOfTheMoon@lemmy.world to Political Memes@lemmy.world · 29 days agoGalen Weston is Satan.lemmy.worldimagemessage-square80fedilinkarrow-up11.71Karrow-down17
arrow-up11.7Karrow-down1imageGalen Weston is Satan.lemmy.worldBonesOfTheMoon@lemmy.world to Political Memes@lemmy.world · 29 days agomessage-square80fedilink
minus-squareKnock_Knock_Lemmy_In@lemmy.worldlinkfedilinkarrow-up29·28 days agoWhen prices don’t go up, economists get super scared and tell governments to print money. Inflation is a secret tax on non-land owners.
minus-squareGood_morning@lemmynsfw.comlinkfedilinkarrow-up8·28 days agoExactly, if you’re wages/salary doesn’t increase at the rate of inflation you are making less money than the year before in terms of buying power. If your raise just meets inflation you’re simply treading water.
When prices don’t go up, economists get super scared and tell governments to print money.
Inflation is a secret tax on non-land owners.
Exactly, if you’re wages/salary doesn’t increase at the rate of inflation you are making less money than the year before in terms of buying power. If your raise just meets inflation you’re simply treading water.