When wages don't raise fast enough compared to inflation, it's just a tax on the poor. I think I saw an article a few days ago about people starting to put more money on their credit cards because the stimulus money ran out for them.
Posted Using LeoFinance Beta
Wages don't raise at all for the last few years, while all the costs for living did. And right now, we have to deal with a huge inflation ...
Posted Using LeoFinance Beta
Well I still think we are in a deflationary period if things play out through technology but in the short-term, I do think we got inflation. Also prices tend to go way higher than the number reported through the CPI and stuff like that since they make the rules on how to judge inflation.
Posted Using LeoFinance Beta