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A comment on Fed plans to ‘reset’ the housing market–raising likelihood of falling homeprices. Parent comment

Re:Fed plans to ‘reset’ the housing market–raising likelihoo... by gizmo686 on Friday June 17, 2022 @08:56AM (#31777407)
Long term, inflation tends to reduce income inequality (up to a point, I've generally seen 10-15% quoted as the sweet spot).

The problem with inflation and poor people is more short term: wages are one of the last things to inflate, so there is still a short term drop in buying power. This applies to everyone relying on wage income, but the poor have the least slack to manage it.

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Re:Fed plans to ‘reset’ the housing market–raising likelihoo... by ekianjo on Friday June 17, 2022 @09:47AM (#31778077)
> wages are one of the last things to inflate

of alternatively they dont inflate at all and you lose a lot of purchasing power.

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