kestrel_ [comrade/them] to the_dunk_tank • 4 years agoOh no don't overheat the economyimagemessage-square34 fedilinkarrow-up1117file-text
arrow-up1117imageOh no don't overheat the economykestrel_ [comrade/them] to the_dunk_tank • 4 years agomessage-square34 Commentsfedilinkfile-text
minus-squareadultswim_antifa [he/him]hexbear1arrow-down1·4 years agohttps://www.stlouisfed.org/on-the-economy/2016/december/inflation-doesnt-impact-everyone-same But let's not argue semantics please. link
minus-squareKimJongChill [undecided]hexbear1·4 years agoIt’s not semantics. Increase in cost of living relative to wages is a separate and completely unrelated metric to inflation. No shit inflation doesn’t affect everyone the same, it predominantly affects those with large holdings of liquid capital. link
https://www.stlouisfed.org/on-the-economy/2016/december/inflation-doesnt-impact-everyone-same
But let's not argue semantics please.
It’s not semantics. Increase in cost of living relative to wages is a separate and completely unrelated metric to inflation.
No shit inflation doesn’t affect everyone the same, it predominantly affects those with large holdings of liquid capital.