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Comment by crdoconnor

>thats false. many rich hold vast amounts of debt, which makes them benefit from inflation.

"rich" people in vast amounts of debt aren't rich, they're broke.

Rich people are owed money. They have money to spare so they lend it out for interest, see?

>poor people are incentivized to live paycheck to paycheck

people who live paycheck to paycheck, minus a few exceptions, do so because their cost of living equals their salary.

Your concern for the "poor savers" is touching albeit misguided.

parent crdoconnor 8 years ago

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