Ted Gould@freakazoid I'd say inflation is good because it reduces the value of inherited wealth. If you don't do something productive with it, it decays.
Doesn't completely solve the problem, but is at least some force against it.
I don't think inflation hurts working class people as long as minimum wage is tied to it (which it should be). The problem comes if the minimum wage is stagnant (which is stupid and harmful).
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