• ZackArmstrong@kbin.social
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    7 months ago

    Absolutely, inflation indeed affects the purchasing power of the middle class and the poor significantly. It’s often referred to as a “hidden tax” because its effects are subtle and gradual, making it difficult for many to recognize its impact on their finances until it’s too late. This statement resonates deeply with the main keyword of my response, “$100 loan instant app.”

    Just like inflation silently erodes the value of money over time, a quick $100 loan instant app can provide immediate relief to individuals facing financial constraints. By acknowledging the reality of inflation’s stealthy taxation, we underscore the importance of accessible financial tools like instant loan applications. These apps can offer timely assistance to those in need, helping them navigate through unexpected expenses or economic challenges. It’s crucial to empower individuals with such resources to mitigate the adverse effects of inflation and ensure financial stability for all.

  • Lexi Sneptaur@pawb.social
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    7 months ago

    I feel like most people do not, in fact, watch stock tickers and that most people do actually pay close attention to their ability to make ends meet shrinking by the month.

      • Lexi Sneptaur@pawb.social
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        7 months ago

        If you can afford to contribute to a retirement account, you’re probably not struggling to make ends meet. ¯\_(ツ)_/¯

  • CableMonster@lemmy.ml
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    7 months ago

    Inflation is the biggest tax on the middle class and poor, its also the most effective one because they dont realize its happening.

          • CableMonster@lemmy.ml
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            7 months ago

            I am sure. I can teach you have this works if you truly are curious, but I am not going to argue if you dont understand. The Fed only creates inflation, at best they can create less inflation.

              • CableMonster@lemmy.ml
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                7 months ago

                In the US, the money is created via the federal revserve and it is done by loaning out money, the only reason inflation rate decreases is that they raise the interest rate so people want less money, so they loan out less money. That money is paid back to the fed, but new money has been made. If you are still interested, I can tell you how this takes away wealth from the poor and middle class.

  • dumpsterlid@lemmy.world
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    7 months ago

    You poor people need to get over yourselves and admit that the lines on the graph of economic factors that exclude poor people look good. Stop feeling sorry for yourselves, the fact that you aren’t happy about us making money is going to LOSE US THE ELECTION so get serious ok?

    The other guy is worse, so we really don’t have to listen to a damn thing you say at all and you have to vote for our guy, get that through your poverty addled brains.

    • yukichigai@kbin.socialOP
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      7 months ago

      The other guy is worse, so we really don’t have to listen to a damn thing you say at all and you have to vote for our guy, get that through your poverty addled brains.

      I mean I hate to say it but this is unironically true. As bad as things are now The Other Guy absolutely would make things worse. Neoliberals may be a scourge but MAGA is cancer. One of the bad cancers. Not even prostate cancer, like pancreatic cancer.

    • lemmyreader@lemmy.ml
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      7 months ago

      Let me leave this here :

      The poverty in the West is a different kind of poverty – it is not only a poverty of loneliness but also of spirituality.

      ― A Simple Path: Mother Teresa

      • hydroptic@sopuli.xyz
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        7 months ago

        Poe’s Law and all that; conservative opinions are nearly universally idiotic enough that it’s hard to tell them apart from parody / sarcasm

      • hydroptic@sopuli.xyz
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        7 months ago

        LINE GO UP! This is good for economy! You want line to go up don’t you? If you don’t, you let the communists win