this post was submitted on 02 Jun 2024
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Man it's so brutal when you think about it like that. Inflation is theft by the back door.
The feds job is to force people to stay productive. It's a feature, not a bug.
That's not how it works. When you invest into the stock market, it actually beats inflation in the long run. So inflation doesn't actually make me spend any more money than I would otherwise, since investing it would still later improve my buying power even more
You mean that investing in the stock market is a hedge against inflation? I can't argue with that. But not everyone has money to invest in the stock market after rent, bills, food etc. Unless your wages/benefits rise in line with inflation or you have money to spare, you basically only have the option of buying worse stuff or simply going without it.