8 points | by akyuu 2 days ago ago
2 comments
Inflation, particularly of necessities (such as fuel) and food staples dramatically impacts low income earners more.
I think this correlates roughly with the rate of stock ownership by income level. When the current equities bubble bursts, we will probably see more convergence between the income groups.
Inflation, particularly of necessities (such as fuel) and food staples dramatically impacts low income earners more.
I think this correlates roughly with the rate of stock ownership by income level. When the current equities bubble bursts, we will probably see more convergence between the income groups.