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re: Janet Yellen concedes she misread threat of inflation
Posted on 6/1/22 at 8:49 am to Cosmo
Posted on 6/1/22 at 8:49 am to Cosmo
quote:
Everybody with a brain knows printing money causes inflation
Worst thing is does is creates larger wealth gaps. People with assets make money in inflationary environments, you know who has assets? Rich people.
So the rich take gains as their assets appreciate and the poor become more cash flow strapped. This is simple shite
Posted on 6/1/22 at 9:26 am to Mingo Was His NameO
From last year. The OT sure didn’t look like “they all knew inflation was coming”now did they?
Look at the upvotes
Look at the upvotes
Posted on 6/1/22 at 11:46 am to Mingo Was His NameO
Which they will use to justify redistribution.
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