Re:Everything Is Crazy and the Markets Aren’t Freaking Out
by pmorici on Monday October 16, 2017 @10:42PM
(#15488262)
69% of Americans have less than $1,000 in savings. If you are in debt inflation is a benefit to you so long as your wages keep pace with inflation.
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Re:Everything Is Crazy and the Markets Aren’t Freaking Out
by dropit_sphere on Monday October 16, 2017 @11:54PM
(#15488561)
>so long as your wages keep pace with inflation.
That's a big if, though, depending on your (or "you" in aggregate) market power. And if you've got less than $1K in savings, you probably don't have a lot.