While higher inflation helps the governments to inflate away their gigantic debt, the common man is the biggest sufferer.
Poster Comment:
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Switzerland, for example, has seen a complete collapse in real wages which have witnessed the worst annual contraction since the 1970s.
| Source: | https://www.investmentwatchblog.com/switzerland-for-example-has-seen-a-complete-collapse-in-real-wages-which-have-witnessed-the-worst-annual-contraction-since-the-1970s-while-higher-inflation-helps-the-governments-to-inflate-away-the/ |
| Published: | Apr 25, 2023 |
| Author: | Staff |
| Post Date: | 2023-04-25 18:52:02 by Horse |
| Views: | 57 |