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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (1402054)5/9/2023 8:57:38 PM
From: Sdgla2 Recommendations

Recommended By
D.Austin
POKERSAM

  Respond to of 1578023
 
Bribery + treason = biden crime family



To: Rarebird who wrote (1402054)5/9/2023 9:11:15 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1578023
 
Rarebird,
Inflation has hurt asset holders considerably more than labor.
What are you talking about? Labor is affected much more than asset holders, who can simply shift their holdings toward inflation-resistant commodities like oil.

Meanwhile labor is deeply affected by rising living costs. Remember the big push toward $15/hour? That's meaningless now thanks to inflation.

In fact, inflation is the natural market correction that occurs when too much money chases after too few goods.

No way that affects asset holders more than labor.

Tenchusatsu