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Galen Weston is Satan.
(lemmy.world)
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this post was submitted on 19 Aug 2024
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When prices don't go up, economists get super scared and tell governments to print money.
Inflation is a secret tax on non-land owners.
Exactly, if you're wages/salary doesn't increase at the rate of inflation you are making less money than the year before in terms of buying power. If your raise just meets inflation you're simply treading water.