Socialism and communism

[Kasz216]

TheRealMafoo said:

akuma587 said:
Inflation actually helps people who owe money. It means that they essentially have to pay less real dollars than they did in the past.

The only people that inflation hurts is those with a lot of money. Hyperinflation is a different issue, and that helps no one.

You're kidding right?

Inflation is a tax on the poor.

Every economist out there will agree with that statement.

Well some Economists actually do argue it helps some poor.

Really irresponsible poor people...

while it hurts hardworking poor people.

Wellfare benefits tend to rise higher then prices.

So the unemployed actually tend to make out ahead.

Inflation also sometimes leads to job creation, though not always.