Re:American Equity
by kgwgk on Monday November 27, 2017 @03:09PM
(#15790736)
The question was if inflation can be considered a tax on wealthy and unwealthy alike, not how do real wages evolve compared to corporate valuations or whatever. In reality inflation is not even a tax on wealth, at most it is a tax on cash and financial assets (loans, bonds, etc.) and for the latter only inasmuch as the inflation exceeds the expectations.
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