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WHY ARE WE BULLISH? Max Keiser, Meditation Man, Stephan Livera ep221

BTC Sessions

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Is Inflation Bad for the Rich and Good for the Poor?

There was a recent article and it was, again, some goon, basically backing up the Fed saying how inflation is bad for poor people. And their argument was poor people have a lot of debt. So while it is technically easier to pay back the previous debt, they're going to be stacking more debt because they can't pay their bills at an increasing rate. It's insane. The wealth gap and like how many, like the wealth gap grew so much this year, the richest who could afford assets were the biggest benefactors of this past year.

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