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3min chapter
How Fiscal Hawks Are Using Inflation as an Excuse to Tamp Down Worker Power
The Intercept Briefing
Is Inflation Good for You?
Inflation is generally goo for lots and lots of people in the economy. Your purchasing power doesn't change, but the value of any debts that you have goes down. So if you have a mortgage, if you have student loans, you actually may be better off during periods of somewhat higher inflation. Andif are lucky enough, to be in a place where you can by electricity that is generated by wind or solar power, you will not have seen your electric bill go up. The people who are seeing like, real surges in their electric bills are in places where they 're geting electricity generated by natural gas and other fossil ls.
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