That is not true. Lower income has been hit the hardest by inflation. Those who don’t own assets are farther away from ever owning them, and in many cases becoming delinquent on debts. Inflation is devastating to the poor, less so the rich.
That is not true. Lower income has been hit the hardest by inflation. Those who don’t own assets are farther away from ever owning them, and in many cases becoming delinquent on debts. Inflation is devastating to the poor, less so the rich.