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87
‘Center-left group claims Democrats' spending package would save families thousands’ Of course by “Families” they mean single mother households. (archive.md)
posted 3 years ago by Ahaus667 3 years ago by Ahaus667 +87 / -0
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▲ 18 ▼
– TheImpossible1 18 points 3 years ago +20 / -2

$15,000 of your money, don't forget.

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▲ 4 ▼
– radx4 4 points 3 years ago +5 / -1

Nah, it's mostly printed at this point.

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▲ 20 ▼
– Tourgen 20 points 3 years ago +20 / -0

which is just a flat tax that has most people fooled. our money has less value, so yes in fact it is directly stealing our wealth.

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▲ 7 ▼
– Ahaus667 [S] 7 points 3 years ago +7 / -0

Inflation only benefits those at the top, saving people “money” while drastically reducing its value is redundant.

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▲ 8 ▼
– TentElephant 8 points 3 years ago +8 / -0

Inflation benefits those who get the new money first before the market reacts. It's called the Cantillion effect.

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... continue reading thread?
▲ 5 ▼
– TheImpossible1 5 points 3 years ago +6 / -1

Inflation is effectively just a tax on all liquid assets.

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▲ 1 ▼
– BandageBandolier 1 point 3 years ago +2 / -1

And any non-liquid assets that depreciate >50% before replacement. I.E most assets beside the house of the low-average income working man.

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