TryingToBeGood@reddthat.com to News@lemmy.worldEnglish · 20 hours agoUS inflation rose to 3.8% in April, eroding Americans’ paycheckswww.cnn.comexternal-linkmessage-square49linkfedilinkarrow-up1326file-text
arrow-up1326external-linkUS inflation rose to 3.8% in April, eroding Americans’ paycheckswww.cnn.comTryingToBeGood@reddthat.com to News@lemmy.worldEnglish · 20 hours agomessage-square49linkfedilinkfile-text
minus-squareNaibofTabr@infosec.publinkfedilinkEnglisharrow-up1·4 hours agoThe core of the problem is that deflation encourages and enables wealth hoarding. The rich get richer by doing nothing but sitting on the wealth they already have.
The core of the problem is that deflation encourages and enables wealth hoarding. The rich get richer by doing nothing but sitting on the wealth they already have.