billionaire media tycoon and mayor of san francisco. vp @foundersfund. ringleader @hereticon. editor-in-chief @ pirate wires 
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rich people all bought stock and took out mortgages last year — their debt is now evaporating with the dollar. they love inflation. for anyone who lives paycheck to paycheck with a little in savings, or struggles to buy groceries, it’s a disaster. less hack shit, please.https://twitter.com/sarahjeong/status/1461026428871340038 …
i would almost understand a take so stupid and destructive as “inflation is good because it’s hurting the stock market” in this garbage media environment. but also… wtf are you talking about? https://twitter.com/sarahjeong/status/1461070895091310592 …pic.twitter.com/oFIAWGf3em
a man who chose peace, i respect this
I really wish people understood the difference between CPI inflation and Asset Price Inflation.
lol. I took out a massive 7 figure 2.875% fixed JUMBO mortgage that I could have paid cash for, because the interest rate was so low relative to inflation it made way more sense to borrow as much as I could because it'll be cheaper by the year. Inflation ain't hurting me, lady
The idea that the asset owning classes are more vulnerable to inflation is fucking idiotic and @sarahjeong should be treated exactly like Billy Madisonpic.twitter.com/tC8t4YWfoH
Paging...the Stotler family:https://twitter.com/brikeilarcnn/status/1456227125346832384 …
She's not "entirely" wrong (though her asset take is bad) Gotta separate biz owners from people living off assets Ownership class is going to see its tasty margins continue to be gobbled up as people demand more in salary and the cost of doing business gets tighter.
Inflation is beneficial for debtors generally so long as interest rates remain low: with the poorest section of the economic ladder regularly spending 110% of their income, combined with direct assistance from the government through stimulus, CTC etc, stimulus is worth price
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