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skdlllaaa | 4 years ago
COVID didn't cause inflation. Helicopter money did. My liquid net worth almost doubled in the middle of a crisis and my inflation hedge (my house) is worth twice what I bought it for.
The average blue collar person doesn't have the benefits we do and can't play the game. 7.5% "inflation" (if you want to call CPI that) is panic inducing for basically anyone else.
jcadam|4 years ago