Re:Inflation surges to its highest since 1990
by jacquesm on Thursday November 11, 2021 @05:34AM
(#29186507)
All things being equal (income for one) inflation in the most practical sense dis proportionally affects the poor and the middle class.
In a numerical sense the rich may suffer more but they won't eat a sandwich less because of it, whereas poor people may end up much poorer and the middle class (aka the comfortably poor) are significantly impacted.
In a numerical sense the rich may suffer more but they won't eat a sandwich less because of it, whereas poor people may end up much poorer and the middle class (aka the comfortably poor) are significantly impacted.