The workers, unlike capitlists, earn a fixed salary. Inflation makes this salary have increasingly less buying power. This way workers are forced to negotiate a raise every year just to keep up with inflation and don't become poorer.
So, to be able to save, workers are forced to buy real estate that they don't need, making it less affordable for people who actually need to buy a house or get exposed to stock market risks.
All these problems caused by absence of hard money.
So, to be able to save, workers are forced to buy real estate that they don't need, making it less affordable for people who actually need to buy a house or get exposed to stock market risks.
All these problems caused by absence of hard money.