Optional@lemmy.world to politics @lemmy.world · 9 months agoUkraine confirms US is now protecting Putin’s oil assetskyivinsider.comexternal-linkmessage-square29linkfedilinkarrow-up1470arrow-down14file-textcross-posted to: world@quokk.au
arrow-up1466arrow-down1external-linkUkraine confirms US is now protecting Putin’s oil assetskyivinsider.comOptional@lemmy.world to politics @lemmy.world · 9 months agomessage-square29linkfedilinkfile-textcross-posted to: world@quokk.au
minus-squareBytemeister@lemmy.worldlinkfedilinkEnglisharrow-up7arrow-down1·9 months 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.