[quote=Fearful]
Really, it’s the middle that pays the most. The rich have inflation-indexed investments and the poor have inflation-indexed income.[/quote]
I’m with you, Fearful.
Not only does it hurt the middle most, but the “inflation index” does not do a good job of tracking inflation, IMO. I’ve seen far more inflation in the real world than what the CPI states. So, for those whose “safety net” income is indexed to the CPI, it seems to me as though their real purchasing power is going down more than what the “official” numbers state.
