> ...a 6.9% increase since 2020, the report found. But inflation is over 11% since 2020. This isn't an increase. The
I have heard this point made a couple of times recently. Is there any reason why these two values should be the same? It is a point of concern for those on very low incomes who spent all their income and are not able to save anythiny, but if you are on a six figure income and only a portion of that income is spent on groceries and housing then I assume you can still end up wealthier than the previous year.
I have heard this point made a couple of times recently. Is there any reason why these two values should be the same? It is a point of concern for those on very low incomes who spent all their income and are not able to save anythiny, but if you are on a six figure income and only a portion of that income is spent on groceries and housing then I assume you can still end up wealthier than the previous year.