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A comment on Why are American workers becoming harder to find?. Parent comment

Re:Why are American workers becoming harder to find? by imtringued on Monday June 07, 2021 @03:41AM (#27420063)
>Inflation is a separate line item and it's effectively a tax.

It's not a tax on income. It's a tax on past income. If you keep switching jobs and invest your money you shouldn't have to worry about inflation at all except when it's too low.

The reason why it exists is that we don't want old money to dominate the economy, the other reason is that demand for USD is legitimately going up.

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Re:Why are American workers becoming harder to find? by killtimeatwork on Monday June 07, 2021 @05:28AM (#27420619)
> the other reason is that demand for USD is legitimately going up.

I don't think that's the case, the price of dollar against other currencies does not indicate that.

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Re:Why are American workers becoming harder to find? by vmception on Monday June 07, 2021 @05:39AM (#27420676)
If there was an alternative asset to buy with greater liquidity that would make sense

For now it is a non-negligible factor

(I’m not the person you replied to, and they didnt mention other currencies, just adding to the discussion)

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