Re:Federal Reserve raises rates by 0.75%
by susanasj on Wednesday June 15, 2022 @03:31PM
(#31758196)
yes I don't think it's the case that inflation doesn't hurt the lower half of earners at all, but this entire post is filled with people assuming that inflation hurts poor people the most. I don't know where that assumption comes from but it doesn't make sense to me.
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Re:Federal Reserve raises rates by 0.75%
by jessermeyer on Wednesday June 15, 2022 @04:14PM
(#31758823)
Someone who could just manage to feed their family on a paycheck-to-paycheck salary before now cannot. That hurts in a way that is .. difficult to compare to when your belly is always full.