• @Knock_Knock_Lemmy_In
    link
    2928 days ago

    When prices don’t go up, economists get super scared and tell governments to print money.

    Inflation is a secret tax on non-land owners.

    • @[email protected]
      link
      fedilink
      828 days ago

      Exactly, if you’re wages/salary doesn’t increase at the rate of inflation you are making less money than the year before in terms of buying power. If your raise just meets inflation you’re simply treading water.