Taxes are deflationary and the rich avoid that from happening. Price gouging and price hikes are inflationary... and the wealthy do that as much as possible.
So there's a real case to say wealthy people cause inflation.
Taxes are deflationary and the rich avoid that from happening. Price gouging and price hikes are inflationary... and the wealthy do that as much as possible.
So there's a real case to say wealthy people cause inflation.