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.”
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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.
You’d be surprised, since a lot of people have 401k, IRA, and other automatic investments
If you can afford to contribute to a retirement account, you’re probably not struggling to make ends meet. ¯\_(ツ)_/¯
Inflation is the biggest tax on the middle class and poor, its also the most effective one because they dont realize its happening.
Inflation or price gouging?
Inflation, price gouging is the boogeyman they use to pretend someone else is doing it.
Sure you don’t have that backwards. Deliberate steps are being taken to push inflation down.
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.
Please educate me.
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.
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.
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.
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
Let me just leave this here
People here can’t seem to understand sarcasm
Poe’s Law and all that; conservative opinions are nearly universally idiotic enough that it’s hard to tell them apart from parody / sarcasm
STOP BELIEVING YOUR LYING EYES AND DISREGARD YOUR LIVED EXPERIENCE. LOOK AT THE CHART.
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