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Avik Roy on Inflation’s Compounding Impact: "From 1978-2021 the wages of the bottom 10% incomes have risen 4% total, while the wages of the top 10% incomes have risen 81% total" The Federal Reserve has caused massive wealth inequality via inflation inequa

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A deflationary currency switches the power to the worker as it is with an inflationary currency that the worker must beg for a salary increase.

With a deflationary currency, the company must come to you to re negotiate.

Not only that but companies abuse this power by setting a culture where you are supposed to ask for a raise once a year, so you get fkd all year with inflation and you are not compensated for the past inflation.

If deflationary currencies benefitted the rich and powerful, all countries would have them, but no, it is the other way around in all countries, you have inflationary currency and brainwashed people like yourself repeating the same narratives.


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