Optional@lemmy.world to politics @lemmy.world · 4 days agoUkraine confirms US is now protecting Putin’s oil assetskyivinsider.comexternal-linkmessage-square30fedilinkarrow-up1470arrow-down13file-textcross-posted to: [email protected]
arrow-up1467arrow-down1external-linkUkraine confirms US is now protecting Putin’s oil assetskyivinsider.comOptional@lemmy.world to politics @lemmy.world · 4 days agomessage-square30fedilinkfile-textcross-posted to: [email protected]
minus-squareBytemeister@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down1·4 days agoWhy? Billionaires make more money when inflation is high, and everyday people spend more money when inflation is high. High inflation shifts wealth upwards.
Why?
Billionaires make more money when inflation is high, and everyday people spend more money when inflation is high.
High inflation shifts wealth upwards.
See my other comment.