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A comment on The fraying of the U.S. global currency reserve system. Parent comment

Re:The fraying of the U.S. global currency reserve system by blueblisters on Monday December 14, 2020 @03:41AM (#25414790)
Moving inflation to 6% will almost certainly not impact any wealthy American with most of their net worth in equity. It will impact working class Americans who have their savings, however little, in bank accounts.
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Re:The fraying of the U.S. global currency reserve system by Gibbon1 on Monday December 14, 2020 @03:55AM (#25414853)
> It will impact working class Americans who have their savings, however little, in bank accounts.

I have about $20k in bank accounts. I owe $450k at 2.5%

6% inflation? Don't throw me in the briar patch!

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