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76 - Inflation in 2021 | Lyn Alden

Bankless

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Inflation's Impact on Economy and Behavior

This chapter examines how inflation affects consumer behavior and overall economic stability, stressing the challenges faced by wage earners compared to asset holders. It draws on historical examples to illustrate the relationship between inflation, government spending, and wealth distribution, particularly how younger generations and lower-income individuals are disproportionately impacted. Additionally, it discusses potential future implications of fiscal policies, including Universal Basic Income, in the context of automation and technological advancement.

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