News for hackers. Stuff that matters.

A comment on Lifestyle Inflation. It's a wealth killer. Parent comment

Re:Lifestyle Inflation. It's a wealth killer by Supermancho on Wednesday December 30, 2020 @09:15AM (#25581835)
Immediately, this article looks like borderline austerity propaganda. "Don't worry that your purchasing power is being sucked away, learn to live well beneath your means and be happy with that."

From a site that headlines:

clean visuals and valuable insights related to financial literacy, personal finance, and financial independence

We get amazing posts which look to have a pointed goal in mind. eg https://www.thriftythoughts.io/sales-tax/

"Go live in Nasau, NH."

[ Parent | on HN ]
Re:Lifestyle Inflation. It's a wealth killer by sneeze-slayer on Wednesday December 30, 2020 @09:45AM (#25582092)
Yeah, I find it their focus on sales tax a little bizarre. All governments still need money to function, and either they end up cutting services or raising money through other means (property tax, income tax, toll roads, etc.)
[ Parent | on HN ]
Re:Lifestyle Inflation. It's a wealth killer by triceratops on Wednesday December 30, 2020 @01:13PM (#25584253)
I mean we can worry about the erosion of purchasing power by voting and lobbying our reps while also living well beneath our means and being happy. It's not an either-or situation.
[ Parent | on HN ]