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filister ,

I am not an economist but isn't inflation stimulated in capitalist countries, and it is used as a leverage against people over saving. The idea is that your savings will lose its purchasing power over time and people are stimulated to spend them instead of simply saving it in the bank. Here we are talking of annual inflation around 2-3%.

But yes, I agree, employees are usually suffering from the inflation, as it slowly eats their purchasing power and savings.

But now the divide between poor and rich is so big, that I think our societies will reach a point where there would be public outcry and people will publicly revolt against it.

Mubelotix ,
@Mubelotix@jlai.lu avatar

Not everyone's savings. Only the poor's. Rich people don't hold currency ; they have their entire wealth in stocks, gold and real estate

Marin_Rider ,

this kind of leads into OPs point I think. keep people from amassing any kind of wealth or savings by devaluing those savings. therefore keeping us on the treadmill in perpetuity

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