Explains why some are theorizing on reddit that US inflation was being exported to other countries via stock manipulation too. Move it where there are fewer/no rich people, it loses it's evening effect, or something lile that.
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This is insane
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Inflation is far worse for the poor since they generally have 100% of capital in cash, along with consumer, property, energy prices etc going up. The rich have their wealth stored in assets and are better equipped to weather the inflation. May want to rethink this one...
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Inflation is really good for people trying to pay down debt if wages inflate as well.
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