Episode 231: The Misinformation on Inflation
Words & Numbers
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Is the Rich Really Getting Richer?
The rich benefit when they invest in financial instruments or buy securities with its stocks. The poor are going to have to wait their turn, he says. What really matters at the end of the day is whether you have food on the table and a roof over your head. If that's happening, inflation doesn't matter; it just makes people behave differently.
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