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Re:More than half of American retailers didn't pay their ren... by chkaloon on Thursday June 04, 2020 @06:02PM (#23422486)
Regarding #2, or rather inflation, is it a hidden way to transfer wealth from one generation to the next? Older savers see their wealth dissolve away due to inflation, while the younger generations are held somewhat stable by rising wages. It's unfortunate, but probably the least painful way out of this.
Re:More than half of American retailers didn't pay their ren... by postingawayonhn on Thursday June 04, 2020 @06:13PM (#23422602)
Assets prices are inflating more than anything else. If your savings are in stocks or possibly property you're likely doing quite well.
Re:More than half of American retailers didn't pay their ren... by chkaloon on Thursday June 04, 2020 @06:43PM (#23422852)
Right now, sure. But I think we're talking longer term. We've been in an asset/debt bubble for quite a while. Some would argue decades. Inflation may be the least painful way out.