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RE: Here’s the Inflation – in Stocks, Real Estate, Higher Ed ~ Ryan McMaken … (Death of the Dollar–32) with Link to Full Story
Hello @majes.tytyty
Another interesting article.
You are quite right when you say that we perceive inflation depending on various factors.
I think the lower classes suffer most from this reality, and they perceive it every day. Even if it's gradual, the reality is that it can consume the little that we have, without us realizing it.
This year has been very particular in this inflationary aspect, although it has been going on steadily for more than a decade now.
We will see what happens, I think it is increasingly necessary to learn to invest, to do business, about cryptomonies, among other things. We have to educate ourselves much more.
You're right in saying that this has been going on for more than a decade. It's just that in the past 10 years or so, the trend has gained steam and the effects have started to be felt.
And of course, it's the lower classes that will suffer most. They have very little disposable income, so inflation will hurt them more. They may not be able to afford as much food or other essentials. The rich, on the other hand, will always be able to buy plenty of food and plenty of non-essential crap, too.
Yes, it's certainly a coming reality. It's unfortunate. You can see it already, but I think most people solving, or trying to solve the day-to-day seems not to realize that this reality is hitting them.
So true. Most people are completely oblivious, and will probably remain so, even as the economy continues crashing around them.