Re:The hyperinflation gallery
by perfecthjrjth on Monday September 19, 2022 @03:16AM
(#32895273)
That's why the wealthy class buys "real" assets, instead of holding "nominal" assets(currency)
[ Parent
| on HN ]
Re:The hyperinflation gallery
by WalterBright on Monday September 19, 2022 @04:50AM
(#32895875)
I've never held significant amounts of cash because of inflation.
Re:The hyperinflation gallery
by haskellandchill on Monday September 19, 2022 @07:25AM
(#32896891)
And this is generally regarded as a good thing.
By those who have plenty of income and durable assets and can look down on those who hold cash
Re:The hyperinflation gallery
by haskellandchill on Monday September 19, 2022 @12:32PM
(#32900559)
it was not meant as a value judgement but a macro economical perspective on encouraging investment in productive assets