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| mp3 music, ftaa, branding, zoe records, theater, film reviews, cutting edge music, comment, bestincest stories post, for, independent artists, affiliate programs, perfect name, wearable, bbs, afilliate, teaching, online music, board, shocking, | Who is penalized by unanticipated inflation (Losers)? Lenders- dollars paid by debtors are worth less after inflation than when they were lent. Investors- pay taxes on returns that may only reflect inflation, adult but they also pay a privileged rate (the capital gains tax rate is 20 percent; not the 33% top income bracket) Holders of cash (those living on fixed incomes)- inflation erodes the value of a dollar over time. (But who uses cash? The mafia, terrorists, drug dealers, and Republicans but for quite different reasons. Most others use credit cards adult or checks that occasionally get floated. Inflation distorts adult relative prices. Is the inflation general or specific? This also leads to menu-costs- the reprinting of prices. |
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| So, from what I've seen we haven't reached that magic number too many months over the last few years, and bbs that could help explain why we see more poverty, it may not just be a ripple. Also, bbs I love people like you who describe things like poverty as just a ripple, it'll pass, no big deal, the GDP is bbs fine, bla bla fucking bla... absolute freedom for one individual undoubtedly limit's the freedom of another. [ ...reply just to this | comment on the story... | next new ] 98. Re: Ivory towers by Megabazus at Thu 1 Sep 12:17amscore of 2.5 astute in reply to comment 12 The idea that inflation is always bad is a misconception. Inflation is bad for the bond holding classes, but for most everyone else some inflation is a good thing. It reduces debts, it even helps most corporations. Hyperinflation is obviously bad, but a little inflation is pretty good a lot sometimes. Obviously, inflation that is anticipated doesn't affect much, but unanticipated inflation affects certain groups in different ways. |
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