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BGinRB
Participant[quote=patientrenter]
It goes deeper than this. Inflation brings with it a transfer of wealth from savers to borrowers. [/quote]
Only if your savings are dollar-denominated. The working and the middle class will be crashed by inflation. The higher up you are the more access to alternative vehicles you have.
The working class in particular will suffer. Your only capital is your labor in an environment where labor is in high supply and the manner of compensation is devalued significantly between the moment you negotiate the compensation and the moment you get compensated.Imagine getting paid net 30 or net 60 with annual inflation of 100%.
Participant[quote=patientrenter]
It goes deeper than this. Inflation brings with it a transfer of wealth from savers to borrowers. [/quote]
Only if your savings are dollar-denominated. The working and the middle class will be crashed by inflation. The higher up you are the more access to alternative vehicles you have.
The working class in particular will suffer. Your only capital is your labor in an environment where labor is in high supply and the manner of compensation is devalued significantly between the moment you negotiate the compensation and the moment you get compensated.Imagine getting paid net 30 or net 60 with annual inflation of 100%.
Participant[quote=patientrenter]
It goes deeper than this. Inflation brings with it a transfer of wealth from savers to borrowers. [/quote]
Only if your savings are dollar-denominated. The working and the middle class will be crashed by inflation. The higher up you are the more access to alternative vehicles you have.
The working class in particular will suffer. Your only capital is your labor in an environment where labor is in high supply and the manner of compensation is devalued significantly between the moment you negotiate the compensation and the moment you get compensated.Imagine getting paid net 30 or net 60 with annual inflation of 100%.
Participant[quote=patientrenter]
It goes deeper than this. Inflation brings with it a transfer of wealth from savers to borrowers. [/quote]
Only if your savings are dollar-denominated. The working and the middle class will be crashed by inflation. The higher up you are the more access to alternative vehicles you have.
The working class in particular will suffer. Your only capital is your labor in an environment where labor is in high supply and the manner of compensation is devalued significantly between the moment you negotiate the compensation and the moment you get compensated.Imagine getting paid net 30 or net 60 with annual inflation of 100%.
ParticipantSmart money assuming position – the Monday is 06/01 – after that only one more month until the second half recovery. Hang in there.
ParticipantSmart money assuming position – the Monday is 06/01 – after that only one more month until the second half recovery. Hang in there.
ParticipantSmart money assuming position – the Monday is 06/01 – after that only one more month until the second half recovery. Hang in there.
ParticipantSmart money assuming position – the Monday is 06/01 – after that only one more month until the second half recovery. Hang in there.
ParticipantSmart money assuming position – the Monday is 06/01 – after that only one more month until the second half recovery. Hang in there.
ParticipantAh, the power of the fake-Nobel argument. The mallet did not hit yet, so why worry?
Was it Socrates who explained the absurd of being afraid of death since it never coexists with you?
While you exist there is no death. Once the death arrives there is no you.For everything else, there is mastercard.
ParticipantAh, the power of the fake-Nobel argument. The mallet did not hit yet, so why worry?
Was it Socrates who explained the absurd of being afraid of death since it never coexists with you?
While you exist there is no death. Once the death arrives there is no you.For everything else, there is mastercard.
ParticipantAh, the power of the fake-Nobel argument. The mallet did not hit yet, so why worry?
Was it Socrates who explained the absurd of being afraid of death since it never coexists with you?
While you exist there is no death. Once the death arrives there is no you.For everything else, there is mastercard.
ParticipantAh, the power of the fake-Nobel argument. The mallet did not hit yet, so why worry?
Was it Socrates who explained the absurd of being afraid of death since it never coexists with you?
While you exist there is no death. Once the death arrives there is no you.For everything else, there is mastercard.
ParticipantAh, the power of the fake-Nobel argument. The mallet did not hit yet, so why worry?
Was it Socrates who explained the absurd of being afraid of death since it never coexists with you?
While you exist there is no death. Once the death arrives there is no you.For everything else, there is mastercard.
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