@[email protected]M to [email protected]English • 2 months agoGen Z is embracing ‘underconsumptioncore' to fight climate change and inflationfortune.comexternal-linkmessage-square39fedilinkarrow-up1126arrow-down19
arrow-up1117arrow-down1external-linkGen Z is embracing ‘underconsumptioncore' to fight climate change and inflationfortune.com@[email protected]M to [email protected]English • 2 months agomessage-square39fedilink
minus-square@[email protected]linkfedilink1•2 months agoInflation doesn’t exist to make the rich richer. The main reason for some a little inflation is so that people won’t hoard money and instead invest it in stuff which is good for the economy. If every rich asshole only sat on their money for eternity everyone would be worse off.
minus-square@[email protected]linkfedilink5•2 months ago If every rich asshole only sat on their money for eternity everyone would be worse off. Have you had a look around recently?
minus-square@[email protected]linkfedilink0•2 months agoYeah, and as far as I can tell it’s mostly invested
Inflation doesn’t exist to make the rich richer.
The main reason for some a little inflation is so that people won’t hoard money and instead invest it in stuff which is good for the economy.
If every rich asshole only sat on their money for eternity everyone would be worse off.
Have you had a look around recently?
Yeah, and as far as I can tell it’s mostly invested