• intensely_human@lemm.ee
    link
    fedilink
    arrow-up
    1
    ·
    1 year ago

    This is exactly how inflation is a tax on the poor: there are ways to counteract inflation, which only become available at a certain level of wealth.

    Basically disposable income is safe because you can convert it; and non-disposable income is not safe because you can’t convert it.

    • God@sh.itjust.works
      link
      fedilink
      arrow-up
      0
      arrow-down
      1
      ·
      1 year ago

      yup, that’s exactly how it is, idk why ppl downvote me but upvote you, it’s saying the same thing lol, crypto bad i guess.