People Twitter

4973 readers

857 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

Mark NSFW content.
No doxxing people.
Must be a tweet or similar
No bullying.
Be excellent to each other.

founded 1 year ago

MODERATORS

[email protected]

1136

Explaining the inflation rate (lemmy.world)

submitted 1 month ago by [email protected] to c/[email protected]

85 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 0 points 1 month ago (1 children)

Most people do not have the option to purchase any of the things you mentioned such as stocks or bonds, as they live paycheck to paycheck, or something close to it. The loans are taken as a matter of necessity, so that much is still relevant.

[–] [email protected] 1 points 4 weeks ago

That's not true. Most Americans own some investments. 63% of Middle Class Americans ($40,000 to $99,999) own stocks. 65% of Americans own homes.

https://news.gallup.com/poll/266807/percentage-americans-owns-stock.aspx

https://fred.stlouisfed.org/series/RHORUSQ156N