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2% target inflation is invention by rich people to enslave, exploit poor people.
An honorable member of the Coffee Shop Has Just Posted the Following:
2% target inflation is invention by rich people to enslave, exploit poor people. Rich people own many properties, own shares in companies. Mostly the amount of liquid cash held by rich and poor people is about same since rich people prefer to hold little cash because they know that inflation will erode the value of cash at the rate at which they have set inflation at. Inflation helps the rich to remain rich always because the poor will always have to work since their savings are eroded... 2% target inflation is invention by rich people to enslave, exploit poor people. Click here to view the whole thread at www.sammyboy.com. |
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