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One problem with inflation is that wealthy people and corporations own a lot more assets like real estate, factories, patents, brand names, mining rights etc. w
by baltcode 13y ago
One problem with inflation is that wealthy people and corporations own a lot more assets like real estate, factories, patents, brand names, mining rights etc. while common people put their savings in fiat-denominated bank accounts and sometimes questionable debt instruments through their pension funds. So inflation is going to take a toll on a lot of middle class savings and old age survival funds for regular people.