"one of"
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Inflation hurts savers a little bit over long time-frames. However, most savers are older people who have benefited from the debt placed on future generations. However, future generations can benefit from whatever we pass down to them. Things are complicated.
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So what about young savers? Screw them?
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taxation and inflation are the 1-2 knockout punch combo
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her example is terrible. When I was a waitress, my mgr once told me that we were going to split the tip on a large high profile party that I was servicing solo. I laughed and told him he was wrong about that. No repercussion as I was his best and hardest working employee.
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Damn your one story really refuted the large systemic evidence presented. Wild
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"Wage theft" implies that the employee labour is worth more than what the employer is paying for it. But if that were true the labour market should price it so. With globalism, billions of working people, most labour just isn't worth much unfortunately.
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Inflation is a form of progressive taxation against capital owners. Or if you prefer, "stealing" from the wealthy.
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wealthy people invest. inflation is a poverty tax.
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Both
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