cross-posted from: https://lemm.ee/post/67058562

you are viewing a single comment's thread
view the rest of the comments
[–] 6 points 1 year ago (1 child)

Why?

Billionaires make more money when inflation is high, and everyday people spend more money when inflation is high.

High inflation shifts wealth upwards.

  • source
  • parent
  • hideshow 1 child comment